Money Loves Speed. Money is attracted to speed. Money likes speed. Speed is the breakfast of champions.
We have all heard these common phrases that trainers like Dan Kennedy, Dr. Joe Vitale, Mike Koenigs, and many other master trainers regularly use when they deliver keynote presentations.
Let’s break that down as to why this is the case. Why does Money Love/like or is attracted to speed.
Money is a tool. It is simply a medium of exchange to be able to acquire goods or services that is considered acceptable as payment in society. So what does speed have to do with this medium of exchange? I believe that Money and speed are related in the following way:
1) The speed of clarity of a message, ideas, business vision/products and services.
2) The speed of implementation of these ideas and strategies. How fast one takes action on an idea. Speed to Market as is known in marketing circles.
3) The speed of transformation of an audience/tribe and an entrepreneur themself.
When you examine one trait of successful entrepreneurs, you’ll find a common thread: someone who takes action on information as quickly as possible. It doesn’t mean that these successful entrepreneurs are always in a hurry, it means that they take action. Now! Immediately! Today! They don’t make statements like “someday” or “soon I shall”. These last words are not in their vocabulary. What does inaction attract? Frustration and empty pockets.
Successful entrepreneurs have to move with a certain momentum, velocity and energy factor to succeed and get best results and that requires “strong motivation”, and it’s important that their ideas flow and move them. Momentum comes from taking action. And so it is true that for Money to love speed, good ideas have to be in place to fuel momentum.
Successful entrepreneurs have learnt one thing very well, that failure is a possibility. But on hindsight it’s not failure but a growth opportunity and a lesson in disguise. If you play safe, you’ll simply never get started and never get the momentum you need in order to be successful.
No matter what you do or how you do it, your path to true success, money, riches, lifestyle, experiences, includes experiencing failure along the way.
Successful entrepreneurs know that they have to gain momentum, fail fast, solve problems and believe the money will eventually come. They also understand that seeing the Speed of their results is important in getting and gaining momentum
Money is attracted to entrepreneurs who take action and invest in their future growth and profitability. Are you investing in your future growth? Or are you waiting until you have the money to invest? That’s backwards or upside down thinking.
When you receive an idea, ACT on it. An idea is a gift from the Universe to you. Your acting on it is your gift back to the Universe. The faster you act, the sooner you are rewarded.
Money making ideas and opportunities come up easily for successful entrepreneurs. They are already in the “game” of making money. What makes it interesting to notice though, is that when a great idea becomes a passion that these entrepreneurs are constantly thinking about and pursuing 24/7, then they are playing a different “game of money”. They are playing what I consider “the inner game of money” of abundance and wealth creation. There is more to their end goal and outcome than just creating “cash machines”. Their core principles can be summarized as follows:
1) They understand their passion.
2) They are awakened to and have clearly found and defined their purpose.
3) They have an absolute love and commitment to philanthropy.
4) They know how to play fully in their lives and have great pleasure from life, by creating sustainable ventures to propel humanity forward.
5) Their lives are meshed and intertwined with people with diverse cultures and backgrounds as they believe in creating communities, and collaborative tranches of groups of people to engage with in order to unify our message.
6) They are indifferent and remain detached from the outcome if their projects/ventures create a profit or loss, because they are more concerned about the impact and legacy of their work and the relationships that they have built and crystalized. A business loss can always be used as a “tax write off”, and a profitable opportunity can be used to create additional philanthropic entities.
7) They lead their lives based on the principles of Relationship Banking (creating and establishing great relationships and connections) and Spiritual Banking (working with the universe and through the hidden laws of the universe). They are not focused on Transactional Banking (where life is all about transactions that is triggered on the principles of fear and greed, of wanting more, scarcity, manipulation, the art of sales/selling etc..). They have learnt to play the “inner game” of abundance and wealth creation in their lives.
These entrepreneurs have discovered certain strategies as to how to create more freedom in their life and business—both in terms of time and money—by playing the “inner game” of wealth and abundance and leaving behind fear, greed and scarcity mindsets. They have laser precision clarity, confidence, strategies and fresh ideas and that oil gets lubed every year.
I end with a quote from a highly successful entrepreneur, ABC TV network’s Secret Millionaire, James Malinchak, — “Add Value, Make a Difference and Enrich Lives” —