This is a guest post by Steven Martile at Freedom Education. Freedom Education is a site dedicated to increasing self-awareness, uncovering false beliefs through mind power and personal growth.
Have you wondered why you make the money that you do?
Without giving it much thought, you could say that the money you earn is a function of the skills you’ve acquired over the years, your experience and choice of career. That makes sense at least somewhat.
For example, a person in a sales role will tend to have a higher income than someone who gets paid for their time. A good salesman can earn much more than a lawyer, doctor or specialist who gets paid for their time. It’s not because sales people are smarter or wiser. It’s just the nature of the work.
A successful entrepreneur can earn much more than someone who gets paid for their time. That is, if the business is built around the right systems and resources so that it runs and earns money when the entrepreneur is not there.
Now most people are not in either of these two categories. In fact 96% of the population is not because they trade their time for money. It’s insane if you think about it, but it does bring up some bigger questions, like:
Why did you choose the career that you’re in right now?
Why have you earned more (or less) than others in the same position as you?
Why do some “lucky people” earn all the money while others do not?
Over the years I’ve constantly been looking for answers to these questions. A billionaire could go out and make a few million dollars today, while another perfectly able person struggles to put food on the table.
There is a huge gap and I want to know why!
Unconscious Performance Limit
I’m currently participating in a coaching program by Monique Gallagher. As part of this training, Monique teaches you to raise your unconscious performance limit.
Your unconscious performance limit is similar to the governor on a car. A governor controls the speed of your car just like your unconscious performance limit controls the amount of income you could possibly earn in a given month. Sometimes these limits are associated with beliefs that were formed when you were really young.
What’s really interesting is how this internal governor works. For example, you could be in a well paying job right now. Let’s say your earning $50k per year for round numbers. If you decided to get out of your current job and work in a related field (earning the same kind of money), you could probably do that without too much trouble.
But what if you decided to take your income and double it?
Your governor kicks in and says, “Ah-ha! You can’t earn double what you’ve earned before. You’ve never done that! Don’t kid yourself.” And then you go through all the painful states of self-sabotage the prevent you from achieving your goal.
Or maybe you decide to start a new business. You’ve been successful and you believe in yourself. You know that you can do it, but your governor says, “Ah-ha! Nice try. You don’t even know how to make money in your own business, what were you thinking?”
Either way, your internal governor (unconscious performance limit) has some control on your mental and emotional state. And that prevents you from taking action so that you can earn the money you know you deserve and want – at least that’s how I understand it. What do you think?
Does it sound like someone has had a bit too much fairy dust?
Feel free to leave your thoughts and opinions in the comments below.
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{ 2 comments… read them below or add one }
Actually, no, this doesn’t resonate with me at all.
But I’m willing to concede I’m an exception, a far outlier.
Because I’m starting over, at age 48, for the fourth time. Why this is… is a very long story. What I will say is that starting over from scratch means foregoing a lot of income.
For people in a career rut, I could see the point. From my current perspective, being in a career rut is an unimaginable luxury.
Given the quality, or lack of it would be more accurate, of education in the US today I would say that it doesn’t affect anything, except my temper at the cost compared to the results. The cost being exorbitant and the results being negligible.