Posts Tagged ‘Education’

The Formula for Success = You + A Dream + A Decision

I’ve written before that much of financial planning comes down to you. In my time working with people, I’m always sad when they want to talk about all of the reasons they can’t get ahead. They worry about politics, the government in general, rules and regulations, the stock market and more…

Yet there’s also something very exciting to be found at the other end of the spectrum. It’s inspiring engaging with clients who are passionate about life and everything they are “up to” in the world. These are the people who rarely have much to say about the negative external forces.Screen Shot 2016-03-15 at 2.22.30 PM Rather, they focus first on their own actions.

If you really want something, including financial security, there’s a five step process to getting it:

1) Decide. I’m not talking about hoping or wishing. You have to actually decide what’s going to be in your future. Several years ago, I worked with an artist who decided she was going to stop talking about “one day selling her paintings,” and instead, was going to actually do it. In less than 2 months, she sold her first piece.

Making the decision to change your financial status means that you’re going to do something about it. We’ve all felt the difference between hoping and deciding in our own lives. When you first decided to shoot your short film, finish your script or stage your solo show; when you decided it was time to lose weight; when you put down the cigarette and said, “That’s my last one.” You have to decide. Without this step, no magic happens.

The rule = You have to ask for it before you have a chance of receiving it. (more…)

How Money Helps You Create Great Work

hand holds book of big idea“Being the richest man in the cemetery doesn’t matter to me…Going to bed at night saying we’ve done something wonderful … that’s what matters to me.”
-Steve Jobs

I was speaking with a friend the other day who said, “No offense, but money people are so obsessed with cash that they forget to create. They’re so obsessed with profits that they miss the point of life.

To some degree, I think that’s true.

There are actually studies that have shown that many uber-rich people are mean and unkind, and money helped them become that way. The issue is when we believe we’ll avoid ever becoming that type of person, by simply never focusing on money.

That’s where the wheels come off the bus, so to speak.

Money isn’t a problem if you’re using it to create good in the world. Money isn’t an issue if you’re developing your craft and trying to ensure that your art is noticed.

Money only becomes an issue when all that you can think about is the pursuit of the next dollar. (more…)

Becoming Your Own Simon Cowell

Okay – tell the truth. Even though it can sting a little…don’t you find you appreciate honest, good quality feedback? There are very few people who give us straight advice about anything…especially finances. How am I doing? Could I do better? What needs improvement?

In short, many of us need a Simon Cowell.

I find it kind of painful to watch many of the auditions for shows like American Idol. If you think about it, doesn’t this kind of sum up the average American – Dancing – With – The Voice – Talent contestant’s thought pattern:

  • Decide that it’s easier to work your way through a competition than to pay your dues and learn your craft.
  • Fail miserably (and publicly) because you weren’t ready for prime time.
  • Blame the judges for not seeing the unique talent that is you.

That might sound harsh…but notice the contestants who make it through the audition process and even go on to win. Hear their story. Usually, they’re the ones who came to the show most prepared.

Imagine you’re going to perform for Simon Cowell:

Shouldn’t you make sure you’re absolutely polished before the show? What will you do to make sure you’re ready?

You’re going to hone your craft until you know every inflection, every note of the performance. By the time you’re finished, you’ll even know what the writer was thinking when they wrote the song. You won’t just sing it…if you’re ready, you’ll feel it.

When it comes to financial planning, it’s the same. (more…)

Free Financial Seminar at Actors Fund LA!

If you’re an artist living in the Los Angeles area, I hope you’ll join me this coming Monday, March 19th at 10:30 AM for a FREE, LIVE seminar hosted by the Actors Fund of America:

Call Off the Struggle: You can pursue your passion without drowning in constant financial stress.

In this fun and interactive workshop, I’ll cover topics including:

  • Strengthening your financial mindset
  • Getting financially organized
  • Establishing a financial “baseline”
  • Setting a realistic spending plan
  • Developing financial goals
  • And more!

I’ll also be answering the specific questions you have, in order to best support you in your financial growth.

This program is designed to help you take immediate, positive action around your financial situation.  My mission is to provide artists with specific, step-by-step plans allowing you to take control of your money and your future.

Where:

The Actors Fund
5757 Wilshire Blvd., Ste. 400
Los Angeles, CA 90036

Email [email protected] to register, or Click Here for more details.

I’m excited to be back at The Actors Fund, and hope you’ll take advantage of this FREE event. I look forward to meeting you!

A Birthday Sale!

“We turn not older with years, but newer every day.” -Emily Dickinson

It’s my birthday! And it’s not just ANY birthday…today I’m actually turning 40 YEARS OLD! Isn’t that crazy?

I remember when I was a teenager, 40 seemed practically ancient. Now, the funny thing is that I still keep waiting for that magic day when I’ll feel like a “real” grownup.

Of course I realize there’s a school of thought that says that especially as an actor I should be keeping my age a secret. But the thing is – I’m proud of what I’ve created in these first 40 years AND ridiculously excited about all that I’ve still got to do. Every year has really mattered…Do you know what I mean? The good, the bad, the failures, the successes…All have been such valuable lessons. How could I want to erase any of them?

When I look back at all the many things I’m grateful for, a big one is the fact that about 15 years ago I reached a breaking point that led to a commitment to my own financial growth and education. It was a decision that completely changed my life. But, what I also remember quite well is that in those early days, weeks and months – the prospect of working on the whole “money situation” felt terribly scary and completely overwhelming.

So today I wanted to make a special offer to anyone who might be at their own financial breaking point. Perhaps you’ve known for some time that you want and need to take control of your money but have felt the same fear I’ve described at the prospect of getting started.

If this resonates, please take a few minutes and check out Artist’s Prosperity 101 – a program I created to share the exact process I followed when taking those first steps toward financial stability. Until Monday night, use the code 40CANDLES and you can pick up your own copy for just $40. (Almost 50% off of the usual price of $75.)

Many of us have big dreams we’re working towards – dreams that are best supported by a strong financial foundation. I promise you that however old you are – today can be the day you decide to create that foundation for yourself.

Wish me luck blowing out ALL those candles!

Build Your Financial House of Brick

Remember the three little pigs? Sure you do. The moral of the nursery rhyme was simple:  build your house right the first time and it won’t be blown over.

In the arts, we’ve all heard this advice before. It’s the quality of our work that brings people back. We’ve watched suspiciously as performers with gimmicks shoot to the heights of fame for a few brief moments; but it’s only quality work that helps ensure a long, prosperous career.

Or in other words, using three little pigs speak:  If you’re building your house, make it brick.

I’ve often heard financial planning referred to by professionals as a house. A foundation laid on the sandy ground of debt and scattered income is bound to fall later. For the average person, building consistent, dependable income and paying down debt are jobs number one and two.

But we aren’t average, are we? (more…)

Children and Money

Being a financial coach and a parent means that I frequently get asked questions about children and money. Many of us struggle as adults because we never learned how to really manage our finances. We wonder how we can avoid making the same mistakes with our own sons and daughters.

Introducing an allowance can play a role in helping children learn to save. But how much should we give them? Should the allowance be tied to chores? These are just a couple of the questions that arise.

Allowances are very personal, and many experts have conflicting opinions.  As long as you remember that these are only opinions, here are mine: (more…)

Did We Strike a Nerve?

So…wow.

Bryan and I have simply been blown away by the response to last week’s “Living in Possibility” call! Hundreds of you joined us for a conversation about living life powerfully as artists who CHOOSE to create the success you desire (and deserve) in every area of your lives. We suspected there would be a few motivated artists who might dive into the material, but we just weren’t prepared for the number of calls and emails we’ve received, sharing your questions, experiences and victories–we’ve never seen the group this fired up before! It seems we really struck a nerve!

Or are you all even more dynamic than we realized?!

The immediate question is: With all of this momentum and new insight, what are you going to do next to stay in the zone of your potential? How will you apply this work practically day to day? How will you best capitalize on these discoveries and treat yourself to the good to come–right now? (more…)

The Magic of Mentors

You’re out to do something big—with your career, with your finances, with your life. You’re tired of working hard but never feeling like you’re really moving forward. This is the perfect time to consider putting time and energy into finding and developing a relationship with a mentor.

A mentor is defined as “a wise and trusted counselor or teacher.” Doesn’t that just sound like a person we should all have in our lives?  There is plenty of research demonstrating that mentored individuals earn more money, advance faster in their careers and are generally happier in their work.

Let’s look at just a few of the primary ways mentors can make a positive difference in the results you are creating…

(more…)