5 Freedoms to Combat Stress
Overcoming External Factors for a Life of AbundanceDo you ever find yourself stressed out? Do you feel like you can’t keep up with all the demands of working full time, the cost of groceries, gas, insurance, and housing all going up year after year? What if the answer was doing less to accomplish more? This is the premise of Dan Sullivan and Benjamin Hardy’s latest book, 10x is easier than 2x. The book highlights four freedoms that can 10x your income, help you get your time back. Allowing you to focus on your unique capabilities. The 4 freedoms in the book are:
1. Freedom of Time
2. Freedom of Money (or wealth)
3. Freedom of Relationships
4. Freedom of Purpose
The 5th I added:
5. Freedom from good health
It may seem too good to be true, however, with the right mindset, hard work, commitment, and courage these freedoms are possible. There are countless examples, Warren Buffet, Jeff Bezos, Steve Jobs, and Elon Musk are just a few. To make the commitment and move towards a life of abundance then start by making the commitment to free up your time with financial freedom. You can start today by getting organized with a cash flow statement and balance sheet.
These tools are necessary for long term success. Don’t think they are only for people who like or understand finance. That couldn’t be further from the truth. The balance sheet is your tool to generate cash flow. This is done by investing into assets and systems that generate cash flow. This will empower you to build a team and augment everything that isn’t aligned with your unique skills giving you time freedom. Just like many people don’t change their own oil, you don’t have to be the expert of a cash flow statement or balance sheet. You can recruit an accountant to help structure your finances efficiently. This is equivalent to paying someone to change your oil and this is why everyone should have a cash flow statement and a balance sheet.
The journey isn’t always easy but anything short of living out your unique skills is selling yourself short. If you think your day job is safe ask yourself if it will cover the rising cost of college tuition, groceries, housing and retirement while the value of your dollar goes down year after year? Don’t allow yourself to get stuck or complacent. Part of the mindset to empower freedom is identifying people on a similar journey. You can learn faster by sharing ideas, resources, lessons, and through partnership. That is the network effect of teams and technology. Our ability to go faster is directly linked to removing the bottlenecks that are holding us back. We can remove bottlenecks by building teams that empower others with functions we are not uniquely suited for. I know this journey is challenging. That is why I started BMD Invest. To create communities of people who can support each other with skills, investment opportunities, and lessons learned. If you find yourself limited from accomplishing your dreams, then make sure and reach out to learn more about our Gold Leaf Network (https://www.bmdinvest.com/goldleafnetwork). The network is dedicated to helping individuals achieve financial freedom solving the world's problems through capitalism.
Our current offerings are focused on addressing the Senior Housing shortage. According to AARP, there are 10,000 people who retire every day in the United States. In 2021, an estimated 6.2 million Americans aged 65 or older were living with dementia. This number is expected to increase to nearly 13 million by 2050.[1]
We will continue to build our portfolio of businesses, real estate, and assets so our investors can grow and protect their wealth. Do you have a business looking to grow and need capital? Let us know it could be part of our next offering. I have never been more excited for the future. If you have questions reach out directly to info@BMDInvest.com! Until next time make sure to Share the Wealth!
[1] This research was completed by the Alzheimer's Association available at: https://www.alz.org/media/documents/alzheimers-facts-and-figures.pdf.