Finally I’m back after a six week break, and what a lot has happened! If you’ve been reading my articles for a while, you know that volunteering as the Executive Director for the Pacific Mozart Ensemble has taken a lot of my attention. After three years of creating a volunteer force to accept many of the responsibilities the previous president had taken on, I realize that I had accomplished my goal. It is time to retire.

It’s interesting that I would decide on this action just two weeks ago because last weekend I attended the Millionaire Mind Intensive (www.peakpotentials.com) and got very clear that I want to create passive income. Actually, I’ve had the intent to create passive income for several years but somehow I’ve always distracted myself. The concept of passive income is to create or purchase something that, once in place, generates money with no or very little effort from me. I have my books, but I’ve not set up the system that automates the sale and delivery of them. I have several educational products nearly ready, but I’ve never finished them. Following through on my good ideas has tripped me up.

Actually, that’s why I went to the Millionaire Mind Intensive. I realized that something was stopping me from moving forward and I was determined to discover what it was. I uncovered two limiting beliefs:

·         Being wealthy is hard work.

·         I’m too old to start creating passive income.

I am happy to say that I’ve eliminated both of those erroneous ideas and here I am today, the first day of my goal to create passive income. My office is organized, I’ve installed the latest version of Office, and I have freed up  at least 20 hours a week. That looks like clear sailing to me! The sun is shining, the waterway is unobstructed, and the vessel is worthy. What more could I want?

In the past, I’ve explained how to clear limiting beliefs. I learned several other methods in the seminar, and I’ll share one of them with you now. Once I identified a belief that didn’t serve me, I paired up with another participant and told him the belief. Then he stated the belief as though it was something he believed. My job was to refute him, to tell him all the reasons why that belief isn’t true. In the case of being “too old to start creating passive income” I had the follow arguments:

·         You’re finally wise enough to have something to say.

·         You have tons of energy.

·         You really have something to say that could help lots of other people.

·         You love this kind of work.

·         You would be bored if you didn’t do it.

·         You can take off any time you want to travel or do other things.

·         You can create your own schedule.

The best answer was this one: Creating passive income is exactly what will keep me young!

One of the most amazing coincidences showed up. I’ve been reading Authentic Happiness by Martin Seligman and while I was waiting for my plane home, the very next thing I read was exactly the same suggestion as I used for clearing the “too old” belief. This suggestion is for getting out of the doldrums: when you’re beating yourself up about something, encourage yourself by listing all the things you have to be happy about. It seems our Inner Critic finds it easy to argue the negative points. The trick is to argue back. Don’t cave iin to that voice in your head. Remember it’s living there rent free. Maybe it’s time to kick it out!

© 2007, Jacqueline Hale

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