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Grab A Piece Of Paper And Try This To Reverse Engineer Your Goals

From Audio: Cycle of Success with Terrance Mayfield

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TakeAKnee Podcast
Duration: 04:07
If you want to change your life, grab a piece of paper and write down how much money you want to have in the bank in 10 years. Then reverse engineer that goal all the way back to today, and discover what you can do today to take you closer to that goal.
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If you want to change your life, grab a piece of paper and write down how much money you want to have in the bank in 10 years. Then reverse engineer that goal all the way back to today, and discover what you can do today to take you closer to that goal.
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let's reverse engineer. And this is for everybody that's listening. If you want to change your life from today, let's Go out 10 years, grab a piece of paper and write down how much money you want to Have in the bank in 10 years cash right down. And then we're going to reverse engineer it all the way back to today. And every step that you're making from today is towards that goal. I don't care what happens. And then you practice the principles that are spiritual, possess the land, be the bank simple, Find you some friends. If you can't do it by yourself, find somebody that has access to capital and let them make the most money on the front side. Because all you want to do is get on. Because once you get on, every time you let them get the money, you have to give less each time because you have more to contribute. So we know that $10 million dollars is the number that if you can build A wealthy empire of $10 million dollars and you invest that properly, it becomes an endowment that will pay your family for the rest of their lives. So we know if we go by $10 million dollars worth of real estate, not not single family owns, but multi units, right? We're not gonna buy in California because California's expensive, we're gonna buy back east, right? And so we're gonna buy 10 million dollars worth of properties. Which I looked at some the other day, you're talking somewhere between 12 and 15 properties, you're talking somewhere about one 150 tenants and they're going to be subsidized and you're not gonna sell and you're gonna take that money, you're going to leverage it because the banks don't look at the value of the property in the traditional way. When it is commercial, they look at the cash flow, so they loan you more money based on the cash flow and it's in the name of your corporation. So your personal liabilities are not at risk. But here's the fun thing. After you've done that for about three years, you pull the equity out of the properties and you go by your primary residence cash and you put it in a trust and then no one can touch it makes sense. Simple jim dropping. So when you talk about fulfilling your talent, your talent is to make you money. Your vision, which really is not yours is God is for you to reconcile men back to him to live so stupendously that men and women, women want to know who is your God with all the crap you've been through. How did you do it? Because when I couldn't get up, my vision woke me up when I wanted to quit and I sat out of my mouth, I'm going to quit. My vision said, no, you're not because somebody will call you and pulling your anointing and you will do it without even thinking, and then you'll find yourself right back in the midst of it because once it gets ahold of you, you cannot satisfy it without fulfilling it. So you're gonna get a job, but you're gonna get fired. All right. That's what's gonna happen. They weren't even sometimes they want to hire you, right? Or they'll say things to you like, we know we're not gonna hire you because you're overqualified. You're not gonna stay because you can run our company. That's what happens, that some of the telltale signs. The other thing is recognized that you may not be an entrepreneur, that it's best for you in the short term to work from somebody for somebody because you're not disciplined enough to get up every morning and grind. So you need somebody to punch a clock for you, right? Use that to your benefit once you know your vision, once you know your purpose going to work for a job becomes irrelevant because you realize that you're not working for the job, the job is working for you because it's giving you what you need to fulfill your objective. Just that little shift changes how you feel about it. So I just wanted to share that. That's real.
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