ways to maximize your financial prosperity

5 Ways to Maximize Your Financial Prosperity

2© 2005-2013 Professional Education Institute and Self Esteem Seminars, Inc All rights Reserved


IntroductionWhile true wealth in life is found outside of one’s bank account, your financial prosperity—or lack thereof—influences how easily and readily you are able to achieve your ideal life. We don’t earn or accumulate money for the sake of having more money. We want money for the opportunities it affords us.

It is for this purpose that we have compiled five of the best ways to help yourself maximize your finan-cial prosperity. Follow these principles and you will be able to improve your financial circumstances both in the short- and long-term.

Maximizer #1 - Boost Your Business Just By AskingMost people are afraid to ask for what they want for fear of rejection, being seen as stupid, or thinking they’ll come across as incompetent. But, the truth is that people who ask for what they want are able to boost their business, increase their income, and create the life they want to a greater extent than those who insist on doing it all themselves.

However, not all requests are created equal. There are ways you can make your requests more effec-tive. Below are 5 keys to successful asking: 1. Ask clearly – What do you want? If you don’t know, how do you expect anyone to provide it

for you? Getting clear on what you want and why you want it will help others support you and in some instances, provide you with something better that you didn’t even know existed.

2. �Ask�with�confidence – Expect to hear “yes.” If your request is timid or doubting, people will notice and be more inclined to turn you down. Practice making your request so when the time comes, you can issue your request without the slightest bit of hesitation.

3. Ask consistently – Even if you’re clear and have asked with confidence, the truth is, some people will tell you “no.” But that doesn’t mean things are over. Move on and ask again. The last thing you’ll want to do is begin wallowing in defeat over one rejection. Commit to yourself to asking consistently regardless of how many “no’s” you may receive. Remember it only takes one “yes” to get what you want.

4. Ask creatively – Often the person you’re asking has received similar requests. This stands to reason since they are the person who can fulfill your request. As a result, you need to make your request unique. It needs to stand out from the crowd. Whether that means a formal proposal or a high-impact presentation, you need to make it memorable. Doing so shows the person you are asking that you have commitment and desire—a willingness to go the extra mile.

5. Ask sincerely – Finally, you need to ask sincerely. This requires you to drop the “know-it-all” exterior and allow yourself to appear less than perfect. Asking sincerely is the difference be-tween “I can’t do it myself” and “you do it for me.” One is humble. The other is lazy. Forget to make your requests sincere and people will see right through you and know you are the latter.

So ask for a recommendation. Ask for a referral. Ask to renegotiate an agreement that no longer works for you. You may be surprised how many people say “yes.”



Application Suggestions: • Where are you stuck in your goal(s)? What information, feedback, or expertise do you need

to help get things started again? Who do you know that can either provide you with that as-sistance or put you in contact with the people that can help?

• How often do you ask your existing customers for referrals? What can you do to increase the number of referrals you receive?

• Identify commitments or agreements that are no longer serving your best interest. What con-versation do you need to have in order to make the agreement more appealing?

Maximizer #2 - Focus Your Time and Efforts on Your Core GeniusMost people don’t get ahead financially because they continually let the “good” get in the way of the “best.”

Recognizing the “bad” ways we waste our time is easy and most of us are mature enough to say no to it. However, it is the “good” that trips us up. After all, it is good. Why wouldn’t we want to invest time with it? The problem is that it keeps us from the best.

Look at it another way. If you could invest your money and receive a 15% return on your investment, most people would continue to put money towards that over and over again. But for every dollar you put towards an investment giving you a 15% R.O.I. that is one dollar less you have to invest in some-thing that could have returns of 20%, 50% or 500%.

Your core genius is that investment of your time that will provide you with the highest return on your investment.

So what is getting in the way of you focusing on your core genius and what can you do about it?

First, you need to identify your core genius if you haven’t already. For most people, it is tied to their life purpose. It is what comes naturally to you. It is what people readily recognize you for being excep-tional at and something that you lose yourself in whenever you’re doing it.

Once you’ve identified what your core genius is, you need to begin proactively scheduling time to perform it. If you wait around to “find the time” for it, you never will. The good will always be at your door petitioning you for more of your time. Unless, you’ve scheduled time for the best, you’ll always defer to what shows up.

It is at this point that many argue that they can’t ignore the good. But you are not being asked to ignore it, you’re just being asked not to spend your precious time on it. To that end, begin looking at those tasks that you can either delegate or hire out to others. A good rule of thumb is never to do anything below your hourly rate. In other words, if you charge $80 per hour to design web sites, then don’t spend your time with bookkeeping activities that can be hired out for $40 per hour. If you charge $500 for a speaking engagement, then hire out a graphic designer to put together your PowerPoint slides or a college student to organize and file your talks and stories electronically.

Eventually, you’ll want to arrive to the point where you’re adhering to the Pareto Principle or the 80/20 Rule with your core genius. The Pareto Principle states that roughly 80% of the results come from 20%



of the causes. That means that 80% of your success will come from 20% of your activities. If you can then work towards spending 80% of your time on those activities, you success will blossom.

Application Suggestions: • What is your core genius? • What are the “good” things that you spend your time on that you could easily delegate or hire

out to another? When will you do this? • Make an appointment with yourself to spend time working on your core genius. Treat this

appointment just as you would with your best client. Be on time and give it your undivided attention.

Maximizer #3 - Learn More to Earn MoreWe are living in the information age and with that comes new meaning to the adage “knowledge is power.” For those who continually educate themselves, they are equipped with more power to get ahead financially than those who consider the education “finished” the moment they graduate.

With so much information available nowadays, there are endless ways to further your education. While you can follow the traditional route of attending a formal class at an institution of higher learn-ing, you can further your education by simply reading.

Set a goal to read daily.

Reading something educational, inspirational, or motivational—and applying what you read—on a regular basis will go a long way towards maximizing your financial prosperity. Consistent reading helps you in a number of ways. You develop your critical thinking skills and learn to make better deci-sions. You foster your creativity by exposing yourself to new and alternative ideas. And by focusing your studies on a particular topic, you can become an expert on almost any given subject within a relatively short amount of time.

Application Suggestions: • Consult Jack Canfield’s list of recommended books on pages 441-451 in The Success

Principles. Identify the titles that catch your interest and set a goal to read them all. • Keep a notebook or journal to capture ideas and inspiration you receive while you read. • Talk about and teach what you are learning to others. This is an excellent way to “test” how

well you comprehend what you are learning.

Maximizer #4 - Use Feedback to Help You Get Ahead FinanciallyA past due notice, being passed over for a promotion, and another rejection after your umpteenth sales call, all of this is feedback and it is there to help you adjust and move forward. You just need to know how to use it.

The truth of the matter is that feedback is all around you. But, feedback isn’t any good if you don’t use it. And sadly, that is the case with most people, but not with those who are experiencing financial prosperity.



The feedback you receive can be positive or negative. If you’re like most people, you don’t like nega-tive feedback, but if you haven’t developed the ability to use it to your advantage, you will likely quit, get mad, or ignore the feedback altogether. Instead, view feedback as a gift. Look at it as the uni-verse providing you direction steering you towards fulfillment of your goals and dreams. Taken is this context, negative feedback becomes a little more palpable.

In addition to being positive or negative, feedback can be direct—like a customer telling you what’s wrong with your product. Alternatively, it can be indirect—found in the results you are getting. Very often it is in your results or outcomes that you find the most frequent and useful feedback.

For example, if you are living paycheck to paycheck, that is feedback. It may be telling you that you’re living beyond your means, that you need to quit putting off asking your boss for that overdue raise (see Maximizer #1), or that you need to spend more effort in building your business. Whatever it is, you need to figure it out and then do something about it.

Finally, the best source of feedback is from the person looking back at you in the mirror. If you are stressed, anxious, or depressed, ask yourself what you need to change and then listen. You may be surprised at what comes back.

Application Suggestions: • How do you typically receive feedback? Do you welcome it as an opportunity to improve or do

you become defensive and shut down? Make a commitment not only to welcome feedback, but to solicit it.

• From the results that you are getting in your life, what are you being told? What will you do with this information?

• Are you happy? If not, what do you need to do or change to become so?

Maximizer #5 - Create Opportunities Regardless of the EconomyYou and you alone are ultimately responsible for your financial success or lack thereof.

Your beliefs, behaviors, and actions are what creates your wealth, not the economy.

While the economy may influence your bank balance, it is not the sole, determining factor. And be-cause of that very fact, you have the power—not the economy—to increase your financial prosperity.

Case in point, the recent collapse in the real estate and stock markets led many people to play the role of victim and attribute their financial hardships to something they could do little to nothing about. They thought that things are tough all over and they need to ride it out. They adopted a mentality that during the recession there was no way to get ahead. Others looked at it as a huge opportunity to buy properties and stocks at bargain prices and as a way to position themselves for huge gains when the markets eventually rebound.

Even prior to the recession, many small business owners shut their doors complaining that they couldn’t compete against the Wal-marts and other big box retailers as they moved into town. Others however, looked beyond the retail giants and used technology and the internet to level the playing field and move beyond their geographical constraints and reach a world-wide audience with their specialized products and services.



You can’t always count on the economy, but you can always rely on yourself. All that you have in your life is a result of the thoughts you have had, the pictures you’ve created in your mind, and the actions you have taken. If your financial picture is not what you want it to be look at what others are consider-ing roadblocks and figure out how you can translate them into opportunities.

Application Suggestions: • What limiting beliefs do you have about money and/or the economy? Change these limiting

beliefs into positive affirmations and begin using them daily. • Further your education about financial matters and the economy (see Maximizer #3). Seek to

understand financial issues from both sides of the argument. Doing so will help you begin to see opportunities that the uninformed do not.

The Bottom LineApply the information contained in this guide and you can’t help but see an improvement in your financial well-being. Make them habits and your results will improve even more. It all starts with you.

As your financial prosperity increases, doors will open that once were shut. Opportunities will present themselves to help you achieve your other goals and dreams. You’re in control. You have the power. Your financial prosperity is only limited by how far you want to take it. So go out there and maximize your financial prosperity!

Special Offer:Work�with�a�Jack�Canfield�Coach�in�2013�–and Receive 6 months of Coaching Absolutely Free!Discover the power of working with your own certified Jack Canfield Coach to speed up your progress in 2013. As a special offer, Jack Canfield Coaching is providing a bonus 6-month extension with every new coaching program. Receive your free introduction and 6 months free bonus offer by calling 1-866-855-2350�and�mention�extension�9101�to�receive�this special offer.

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