My First Million Dollars and the Meaning of Wealth

“The best thing about having more, is the ability to give more.” – Kolby Kolibas


This is such a great time of year to be closing strong and gaining momentum for the new year. I can tell you that wasn’t always the case in my thought process. You can relate right? We ramp down with our business and clients the week of Christmas. Then we get back and things are relatively slow into the New Year festivities. Then you can assure that people are a bit hung over from family, over spending and the schedule of relaxation becomes comfortable.  No need to jump back into things until the second week of January right?

That is 3-4 weeks of time we normally slack and relax.

WRONG!

I read a great article from Ryan Stewman, The Hardcore Closer – Titled Why Settling for a 6 Figure Income in Sales is a Bad Idea.

The basis of the article is on having multiple irons in the fire. I don’t mean spreading yourself thin, I mean diversify and expand. Let me feature some quick math to put some things into perspective.

“I’m gonna just come out and say it. “Being a millionaire is the new middle class” there. In my parent’s day, making $100k a year meant something. In today’s times, making $100,000 in 12 months can still leave you completely broke. Half goes to taxes and if you pay $2,000/month in rent, 75% of your income is gone from the jump. That leaves you with only $25,000 to pay all your bills for the year.” –Why Settling for a 6 Figure Income in Sales is a Bad Idea. /Ryan Stewman

This year has been interesting to say the least. With many personal & business trials – I was hit with major set backs. Yet I am not unique – we all struggle. The biggest similarity was one thing – I kept making excuses not to launch some of the core things I know will be helpful to others and draw supplemental income that could be an additional 6-7 figures in 12 months.

You see I have always had a financial goal of $10+ million in the bank. Well that takes making my first million right?

This goal has not been to buy a bunch of shit that I don’t need. I am actually going the other way as I get older. You see the more I gain financially, the more I can help others. From clean water projects that I want to launch overseas, to bringing technology and teaching code to underprivileged schools across the USA. These things are expensive – yet with a ground swell, I can reach these goals financially to launch and gain huge momentum to help others.

So let’s do the math on the road to $1 million dollars in one year.

The YEAR:

  • 365 Days
  • 12 Months
  • 52 Weeks
  • 8760 Hours
  • 525600 Minutes

The Money 

  • $1 Million Dollars in 365 Days I Need to Make $2,739.72 a day

The end of the year is a perfect time to close out open items in 2015, and help you gain huge momentum into the new year. This is the time others are slacking and you can be building. Personally I have spoken with some close friends that are all in the 7 figure income bracket or very close. They are ramping and grinding hard right now – not pulling back. There is a reason for that.

Ok so now knowing what the goal is, it’s time to get cracking!

Cheers!
Kolby is The Healthy Primate

 

 

 

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