Creating Elite Players: Newsletter Day 45

in taxes •  2 years ago  (edited)

day-45.jpg

There are a couple things I wanted to hit on today before I put on the YouTube and lay here like a zombie until eventually submitting to the tiredness and sleepiness that's already starting to creep in (it's only 8:47 PM as I write this). Well, it has been a big day, especially since I've hopped from one Airbnb to yet another.

Let's drive this sucker home.

Numbers Always Tell a Story

Today, I've been getting my documents in order to file taxes in lieu of the consumer proposal. Now there's a fresh bundle of fun, wouldn't you say?

But numbers always seem to tell a story. While I've had an aversion to numbers since I was young (I remember my grade three teacher getting frustrated with me after school hours, jabbing his pen into my head), in the last couple of years, my mind has been clearer. I'm connecting more dots and noticing more patterns as I've been making my ledgers.

What did I notice doing my 2021 taxes?

I was very consistent in 2020 and 2021.

My income? Consistent. Spending habits? Consistent. Business expenses? Surprisingly consistent.

Now, of course we need to acknowledge the fact that pandemic lockdowns basically forced modified routines on all of us, and this certainly had an impact on outcomes as well.

But man... after looking at my transactions for a few months, you could just about predict the next 10 transactions and be close to accurate.

Both years, I spent some time in Calgary too.

For better or for worse, consistency bred consistent results. Which brings me to this...

From One Idea to the Next

Yesterday, I talked about how my new business idea wasn't exactly flying with one of my cohorts.

I felt a stranglehold on my freedom, so I couldn't stomach the idea of giving up on business, let alone going and getting a job.

But I realize now my friend was at least partially right.

The business model I had landed on had one significant challenge, which was the time it would take to set up. You don't see results from most things without some serious elbow grease anyway, but I had to admit that, even if we could navigate all the other potential challenges, one thing we couldn't possibly change is the time it would take to build up each business unit.

Which is when this happened:

There's No Limit to Your Earning Potential, but There is a Limit to Time

As I sat down for a late lunch at KATSU in Langley, I picked up where I had left off with Kyle Cease's The Illusion of Money. To this point, it had mostly been a rote read (mostly because I've been watching Cease's videos for a couple of years now). But several things leapt off the pages today.

"Time is limited, but money is unlimited."

"Anything that isn't an inspired next step isn't part of your expansion."

"Expand and the money will show up."

"Expand to meet the challenge, and the skills will show up."

By this point, my heart was opening wide. I sat there and thought about all I had already tried and/or succeeded at in some capacity:

  • Releasing music
  • Launching a podcast
  • Launching niche sites
  • Launching eBooks
  • Launching paperback and hardcover books
  • Launching audio programs
  • Launching courses
  • Coaching musicians, executives, professors, and entrepreneurs
  • Narrating books
  • Starting a membership site

Doing any of the above, again, wouldn't be an expansion of myself. I've already done it. It's all at a lower vibration than I am.

"What haven't I already done that would be an expansion of myself?"

That's when a new idea revealed itself.

The more I thought about it, the more excited I got. I knew I didn't have all the know-how yet, but I figured that, if what Cease says is true, that skills must show up to meet your expansion, then I must be on the right track.

I'm going to sleep on the idea. But I have been in a euphoric, dream like state since lunch. I expect I will wake up tomorrow and feel just as excited about it.

Today's Relevant Links

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