The Business World

– Fractional Reserve Banking

– The five levels of the wealth bucket 138

– Compound interest 145

– The benefit of cutting expenses 147

– A grain of rice story 148

– Debt-Elimination Time Calculator 151

– Wealth-Building/Retirement Calculator 151

– Savings 165

– Sell something 166

– Tax 167

– Increase your income 168

– OPM 172

– Equity 174

– Parent’s Equity 175

– Superannuation 177

Technical Analysis versus Fundamental Analysis 188

Channelling 189

Leverage 191

Insurance/Hedging 192

The way down strategy 193

The way up and the way down strategy 194

Renting for instant cashflow strategy 194

Selling Insurance 201

– How to buy property virtually no money down 214

– 21 Point Criteria Checklist 218

– Arranging finance 223

– Default Property 228

When do you measure Education’s Success, at Graduation or

Retirement? The following facts exist for every 100 people at age 65.

This book is designed to give you a 21st Century Educational System,

way beyond that which is provided in 21st Century Schools and

Universities.

At the conclusion of reading this book, I expect to have achieved the

following outcome:

To achieve this outcome, I am willing to commit to the following to

ensure I achieve my desired results:

My belief is that if you are not just curious but committed to excelling in

your life in the 21st Century, then what you will find in this book will be

a real gift to you from someone who cares about helping you achieve

similar things if you so desire. You can join the thousands of others who

are applying these strategies and improving their lives immensely. I

know I was extremely grateful when I first learned this information – an

education for life. In this book you will learn:

• How to develop the mindset of a millionaire

• Why most people fail

• The history of money and how the systems control it; why you

must understand this

• A real life “21st Century Modern Day Education” that enabled

me to excel financially, more than what I learned at school or

university

• How to rewire your subconscious mind for financial success

• How to generate instant cashflow, even if you have little money

to start with

• How smart investors earn $35,000 per year from investment

property — Tax Free

• What you should have been taught at school, but weren’t

• The 4 key skills you must master to succeed in the 21st Century,

and how others have used these to earn over $100,000 pa

• The 5 key components of a 21st Century Education, that should

be taught at school

• How smart investors are replacing their income in 90 to 180

days or less by using a unique renting strategy

• 8 ways investors raise money to start investing immediately,

even if they have no money

like a winner.

To accomplish these objectives, I believe it is important to share parts of

my story to make it more relatable and also spend time on developing

a solid foundation of understanding on the big picture of money and

how to change our thinking to be more effective at implementing these

exciting strategies.

If someone told me nine years ago that this is how my life would be,

then I would never have believed them, especially from where I was

starting. I share the following with you, not to impress you but to

impress upon you dreams do still come true. They did for me, I believe

they can for you.

I still pinch myself being able to sit in my outdoor hot tub on the

deck of a multi-million dollar mansion, overlooking the pool and

waterfall which flows into the extended lounge room of my luxury

Noosa waterfront home. The reality of my life today sinks in when I

glance out over the water, looking at a gleaming brand new luxury

sports cruiser boat. I am planning the next overseas holiday to include

a stay with some of my closest friends and family in our brand new

luxury winter home in the mountains overlooking Queenstown, New

Zealand. It is comforting to have the feeling that despite still being only

in my twenties, I never have to work another day in my life unless I

choose. I reflect with immense gratitude on my life and can hardly

believe that some of my wildest dreams are now a reality, like having a

farm to escape to the solitude of nature, with its own personal airfield

for a private plane to land. Or to have a beautiful apartment

overlooking the world’s most beautiful harbour (Sydney), in my

opinion, to entertain friends when visiting this beautiful city, or to be

able to stay in a luxury chalet in one of the world’s top ski resorts in

Whistler, Canada. What is even more exciting is to have the thrill of

having enough money to sponsor a whole school of children in a third

world country and experience the happiness this brings to their faces.

Being able to also help our own Australian teenagers transform their

lives by donating teenage scholarships to educate them with a real life

education, unfortunately not taught in our schools yet.

I love being able to travel regularly to some of the most beautiful

places in the world like Monte Carlo, Portofino, Venice, Prague, Africa,

Cook Islands, to name just a few magical places in our beautiful world.

Even more important than just the wonderful material things I am

blessed with today, is being surrounded by like minded friends and

having the freedom to do whatever I want, whenever I want, with

whomever I want, as much as I want, and importantly spending quality

time with family, taking them on exotic holidays.

What touches me the most is to know that I get to live my life’s

purpose, serve my creator and contribute and impact on so many

people’s lives in such a positive way. There is hardly a week that goes

by that I am not touched deeply by someone sending me a card or

present or an email, thanking me for the difference I have been able to

make to their lives or their teenage childrens. Also getting pulled up in

restaurants and thanked profusely by people who have recognised me

from a live seminar where I have been asked to share my strategies,

concepts and ideas with fellow Australians and thanking me for how it

has changed their lives.

I share none of this to impress you as I said, as I am humbled by my

life today and you will understand why when I share my story.

However, I share it more to impress upon you that what my attempt

and intention is to do by writing this book is to share freely with you the

ideas, strategies and concepts that have transformed my entire life over

the last eight years. This includes my health, relationships, my

emotional fulfilment, and especially my finances. Here I went from

sleeping on a mate’s couch (mate means ‘friend’ if you are not an

Australian), $150,000 in personal debt, no job, no income, no assets, not

even $20 left in my wallet, virtually bankrupt, to becoming a self made

millionaire in a little under four years, and creating an extraordinary

quality of life for myself and others.

My belief is that if you are not just curious but committed to

excelling in your life in the 21st century, then what you will find in this

book will be a real gift to you from someone who cares about helping

others achieve similar things, if you so desire. You can join the

thousands of others who are applying these strategies and improving

their lives immensely. I know I was extremely grateful when I first

action and developing a 21st Century education, an education for life.

I would be honoured if you would consider me as a friend, a coach,

working together through this book step by step creating and

redesigning your life, with an emphasis on improving your financial

results until you produce the results you ultimately desire. Let us begin

shall we, as it is an exciting journey you are starting on.

If only I had learnt this education at school, how much easier life

would have been for me, and no doubt many others. My dream is this

type of education will soon be available in all Australian high schools,

especially if I get my way.

When I was a kid people would ask me, “Jamie, what do you want to

be when you grow up?” Now, some people may want to be doctors,

nurses or lawyers (well maybe not lawyers). But perhaps astronauts,

policemen, actors, actresses and so on — it is different for different

people.

I did not know exactly what I wanted to be, so when people would

ask me that question at a young age, I would answer, “When I grow up

I want to be rich.” I do not know if it was from watching the American

TV show “Dallas” too much, but that looked pretty good to me because

J.R. Ewing did not seem to work too much, drove around in expensive

cars and lived on nice ranches, if you recall. Or it could have been from

playing too much Monopoly with my brothers, or perhaps it was just in

the back of my mind that I linked being rich to being above average and

going for it in life.

I grew up in a small country town on a 2,000 acre farm which my

family still have to this day, in a small town called Glen Innes, which is

in Northern New South Wales, Australia. If you go there in winter you

will never forget it, it is rather cold, however quite warm in summer

and usually nice and green. Growing up with a farm background, the

two things that were conditioned into me from an early age were that

life was hard work and a struggle. In order to do well in life and make

money, you had to work really hard. That is what my father had done

and what my grandfather did when he was alive. And the second part

of the equation for the “ultimate success formula” was that you needed

to go to school, study hard to get really good grades and with those

really good grades, hopefully one day you would get a really good

secure job. Then, on the proviso that you worked hard for 40, 50 or

60 years of your life you would get to retire to the “good life”. Now I

often wonder in the 21st century how that formula is going for people.

Has anyone ever bothered to check that out?

was not at the top of the class, or at the bottom. I preferred to play sport

rather than apply myself academically because I quite liked the idea of

becoming a professional rugby league player. But unfortunately for me,

there was no mention of professional football when my teacher gave me

his recommendation on what to do as a career. He said, “Jamie, if you

want to make a lot of money when you grow up, you should go to

university and become an accountant.” Now some accountants find

that rather humorous, but I did not know the reality back then. So I

stuck to my teacher’s game plan and went off to university, just like

many other young people do. I started to pursue a career without

knowing if that was what I really wanted to do with the rest of my life.

I soon discovered that accountancy was not my passion and

eventually got to a point where I was disillusioned with what I had learnt

at school and university. I can remember asking my mother, after I had

spent all my hard earned savings to fund my way to university, “Why is

there not a university that will teach me how to be successful in life?”

I felt that many things I had learnt at school and was learning at

university were never going to be helpful in achieving my dreams in

life, let alone excel in the 21st century. I felt the education system was

failing me and many others and it was then that I started to become

restless and looked for an education that would serve me for life.

It is interesting to note that nearly all millionaires I have since had

the fortunate opportunity to study were high school or college dropouts

and now employ those who were apparently smarter and gained a

higher HSC score or university degree.

At the time, I felt like a failure because I could not just settle for what

I was being taught at university. It was like peer group pressure, and

this sense of fear that if I did not get a degree, I would be a failure in life.

That was the real reason I and I believe many others were there.

I did not know at the time, but as I later realised out of all the

successful role models and mentors I would study in the years ahead on

what it takes to have an extraordinary quality of life, not one of them

said, Jamie, you need a university degree or otherwise unfortunately

you will not make it in life. Actually, many of them stated that a

university degree can be a major hindrance, and what is taught in our

current education system is mostly useless and is why most people fail

miserably in life (more of this later in the book). However, this was the

exact opposite to what I had been conditioned or convinced into

believing all my life.

(Author’s note: If you are at university, I do not suggest you quit as

it teaches many valuable things, however, it also fails to teach many

things which are so necessary to excel in the 21st century. In my opinion,

one needs more than just a university education to achieve one’s

dreams in the 21st century.)

About this time I heard an interesting statistic from a wealthy

gentleman. He said, “Did you know that over 70% of people that become

rich in this country do so by owning their own business?” At this point in

time I knew nothing about making money or anything like that, so I

thought, “OK, I am not rich yet and I want to be rich one day, so this must

be the true secret to becoming wealthy! I simply need my own business and

because I have been working for someone else, that is why I am not rich.

I need a business — that will bring millions to my door!”, or so I thought.

My first challenge in owning my own business was where I was

going to get the money to start it. You need money to make money,

right? Well, that is what I had always been taught growing up. I do not

agree with that any more but that was my old way of thinking. A bank

appeared to be the logical answer. I mean that is what banks must be for,

right? — to give money to people that really desperately need it.

However, I later figured out the only way to get money from banks was

to prove to them right up front that you do not need it in the first place,

and then, they seemed to just send it to you without asking in preapproved

credit cards and lines of credit, etc. Unfortunately, I did not

meet the bank’s criteria at the time and they would not give me any

money. But I did not want to give up my dream of being rich by owning

my own business, so I got creative and came across a thing called credit

cards. Have you discovered credit cards yet? I was able to develop

multiple relationships with credit cards. Using credit cards, I was able

to acquire around $16,000 in cash to launch my first business, even

though I did not have any idea of what business I should be in.

handy. So I did some “in depth” research. Afriend of mine had a mobile

phone and I could see that more and more people were using them. I

came to the conclusion that by the year 2,000 most people would own a

mobile phone, therefore the telecommunications industry was

definitely the industry of the future. As you can see a lot of planning

went into this new business venture — a whole 30 seconds of research!

However, surprisingly within nine months of starting my business

with no real business experience, just a dream and lots of courage, I was

making more money per month than I used to make in a whole year

working for someone else. This led me to believe that business was

simple, success was easy and there was nothing to it. My business was

turning over large amounts of cash so I thought, “Ahah! Another secret

to becoming wealthy must be simply to make lots of money.”

I find many people to this date that I coach still think that making

lots of money is the main key to becoming wealthy. (Please note, this is

a major wealth myth.)

However, as my income increased, the expenses and overheads

rapidly followed behind and then my expenses actually overtook my

income. I discovered a new experience, how to get into debt fast, I was

spending more than I earned and I quickly became an expert at creating

debt.

Soon I became weighed down with debt and lost my enthusiasm for

life. No one had ever taught me how to manage this thing called money

and it was creating major havoc in my life. I do not know if you were

ever taught at school how to manage this thing called money. My

teachers at school could only teach me what they knew and nobody had

ever taught them. So I, like a lot of people, had to figure out money

management the hard way.

After a period of time I started to link more pain to money than

pleasure. My debt was spiralling out of control and I thought that if I

could just earn more money then everything would be all right.

Subconsciously what started to happen was that I began to link pain to

money from the stress of not having enough and not knowing how to

manage it. I was living up to the good work ethic that my parents had

instilled in me of working really hard, putting in long hours and then

struggling to cover my bills. It eventually got to the point where I was

saying, “I am not interested in making money. Money is not important”.

I thought, “There has got to be more to life than just working for

money.” I looked around me and found that most people’s day to day

activities were very similar to my own, they too were focussed on going

to work, and to work for money. Is this what life is meant to be like? Is

this what I have to put up with for the next forty years? There has to be

more to life than just working for money.

I decided I could not stand being in business any more and wanted out.

I wanted my life back. I had initially decided to get into the

telecommunications business to get a life. In hindsight, I had given my life

to the business. (Years later I learned that many others could relate to this

as they had started their own business or career to get a life, but they too

had found that it consumed their life.) Later still I learned that you need to

be careful what you ask for. But at this point in time I did not care how I

got my life back, I just wanted to be out of the business and a few months

later I was out of the business — in fact, I could have been declared

bankrupt! In hindsight, I should have said that I wanted to get out of the

business by selling it for a nice profit and be financially comfortable until

I decided what I really wanted to do. But I forgot to mention that and I lost

the business and my entire company. As a result, I now had my time back,

but I had no money, which was not what I was really after. I was owed

several hundred thousand dollars from the service providers I was dealing

with. Yet, because I was too trusting I fell victim to their foul play, whereby

many service providers deliberately delayed paying commission to

smaller businesses, like mine, that connected mobile phone customers to

them, so virtually forcing small businesses like mine to bankruptcy. When

businesses like mine go broke, the service providers save paying out all

their commissions, but still retain all their new customers the small

businesses worked hard for years to create. They also avoid paying out the

airtime commissions (percentage of customers’ mobile phone calls which

is money that would come in while you sleep if you owned a successful

telecommunications company and one of the reasons I originally thought

of it as being a great business).

reputable company in Australia deliberately switched off all my mobile

phone customers for several hours. They phoned my customers direct,

told them that my company had not paid the phone bills and my

company was going broke, and they should sign up direct with them.

They failed to mention that I was only going broke because they

refused to pay the commissions. A reason they wanted to get my

customers to sign up directly was that they did not want to pay out their

agreed commissions.

Obviously, you could imagine I was not a very happy young person

when I found out. Not only were they doing something highly illegal

but they were attempting to destroy my credibility, which hurt even

more.

Many people said I should sue them, take it to the courts, however,

that takes enormous money and time which without the commission

payments I did not have. Since that time over eight years ago, I have

been informed that many of the mobile phone companies in Australia

are still up to their dirty tricks and driving small dealers to the wall and

quickly replacing them with the next victim. Hopefully, one day they

will be investigated and someone will stand up for small Australian

businesses being destroyed by the large, mostly foreign companies.

However, I had more pressing problems to face. Not only did I lose

my entire income and my business was destroyed, I owed over $150,000

in personal debt accumulated to cashflow my company whilst waiting

for commission payments which never came.

I was facing bankruptcy, my dreams were shattered and I was

feeling sick in my stomach from stress.

What I was really after was to get control of my life and also a thing

called LIFESTYLE. In essence, Lifestyle is really TIME plus MONEY.

Now it sounds very simple, but it can be a difficult equation for most

people.

For most Australians the way they try to get lifestyle is to take their

time, which we all have 24 hours of in a day, and then they try to sell

that time in exchange for some money. Some people get really good at

that, they often have a better education than others and they can sell

their time at a higher price. The name of the game is to sell that time for

as much as they can per hour or per week. The challenge is that because

we need both time and money to have lifestyle, we often sacrifice our

time for money.

Of course there is always the other side of the spectrum where

people will say that money is less important to them than their time.

Instead, they sacrifice money for time. I was holidaying in Byron Bay

once (a beautiful part of Australia), and I witnessed many examples of

this — people with lots of time on their hands, but not much money.

(No offence to Byron Bay.) So the challenge is to find a way to have both

time and money and to ensure the correct balance of both. Imagine if we

could have both together. That was something I thought would be ideal

but I did not have a clue how to do it. I do not think I was the only one.

So there I was with no lifestyle and $150,000 in personal debt, which

at the time I thought was a lot of money. Plus, I had company debt on

top of that and no income, no job, nothing. Lucky for me one of my

friends, working for me at the time, let me sleep on his couch because I

could not afford to pay rent — that is how bad it got. At this stage, no

money, not even $20 to my name, I only really had two options. Either

I could retreat to the family farm with my tail between my legs and

become a farmer like my father and his father before, or I could stay in

Sydney and try to turn this mess around.

I vowed that one day I would become so wealthy I would buy the

telecommunications company that sent me to the wall, walk into their

offices in Sydney and fire the employees that ruthlessly enjoyed seeing

my business destroyed for the sake of their increased profits. Some say

success is sweet revenge, however I had to let go of the hurt and anger

I initially felt in order to actively become a millionaire.

This was a major turning point for me in my short life because for the

first time I took a good hard look at myself and asked what it was that

I really wanted to do with the rest of my life. It eventually became clear,

what my purpose was. I will share the process I went through to work

this out later in the book. It was then that I realised I needed to go out

and seek teachers and role models to help me achieve that purpose. Not

traditional teachers that teach theory like many do at school or

education in the past had been based mainly on theory. You know,

university, school etc. — I do not mean to be critical of those education

systems, but they are often based on theory, not actual experience, and

that was when I realised I had to produce some real life results — the

things that actually made a difference in my life.

I also realised that if I was going to live my dreams I needed to change

as a person. You or someone you know may have read a personal

development book or attended a seminar, the concept being that if we

grow as people we are more likely to live our dreams. So I started to do

that. I also realised I needed to develop different areas of my education

and I started to seek out mentors in these particular areas. No doubt you

may also be looking for mentors. What I found was that I needed mentors

that had produced phenomenal results in their life. I thought that perhaps

I could learn from a multi-millionaire, surely someone like this would

know more about money and success than I did.

A lot of people ask me where I got my role models or mentors from

and I often jokingly say to them, “Well you can be lucky and your local

multi-millionaire could knock on your door one day and say, ‘I hear you

want to do well financially and I am your local multi-millionaire here to

give you some coaching.’” Or you may need to do as I did and go out

and search to find and do whatever it takes to develop relationships

with people who have produced the results that you want in your life

or easier still, read books they have written.

My wealthy mentors shared information with me that proved to be

very valuable which I will share with you in this book. But it was not

the information alone that made the difference. The information age

allows people to access information via seminars, books, tapes and the

internet. I used to think knowledge was power until I learnt that I

actually had to act on that knowledge, nothing ever just happened. I

had wealthy mentors (my millionaire mentors as I refer to them), who

were patient and caring enough to help me, not only to understand but

also apply these skills and strategies. Once I had learnt how to apply

this information to my situation, my life started to improve rather

rapidly.

I was able to learn how to make money with no money. I thought it

would be great to learn how you make money with no money, because

I had none and I was hoping that would work. I also learned how to

eliminate debt rapidly. And that was important as I had lots to practice

on. However, if I had just followed what most people do, I would still

be paying that debt off. Instead, I followed the strategy my millionaire

mentor recommended that one of the ways to be financially successful

in life was to simply find out what most people are doing and then to

do the exact opposite. I call it the law of opposites. In other words, I

consistently look at what most people do in a particular situation and

then I generally do the exact opposite. And I usually find I am heading

in the right direction — even if I have no idea of what I am doing! This

also explains why many people never succeed because one of their

excuses is they do not know what to do. However, successful people in

the beginning do not either. They just get started and go on faith that

they will learn what is necessary on the way.

These strategies started to work well for me and over a short period

of time, I was able to firstly get an income and then increase my income.

In fact, my income went through a massive transformation where it

increased fifteen fold in less than twelve months from an above average

income in the first place. Jot down what your current income is,

multiply it by fifteen and imagine it increasing to that figure over the

next year. That is, if you were earning $50,000 per annum x 15 =

$750,000. Would you be happy if that was the case? Most people would

be happy if their income increased by only 10%. To dramatically

increase my income like this I had to learn strategies that enabled me to

do that which I will expand on further in the book.

My millionaire mentor also asked me how many forms of income

most Australians have. I thought, probably one, or maybe two if they

had a second part time job or part time business. He told me he had

dozens of forms of income and most of them were coming in while he

slept. I liked the sound of making money while you sleep so I thought I

would try that as well. I learned how to build multiple forms of income,

while keeping the one focus, which was important. The strategies my

dreamer, that was too trusting and often overly optimistic!

I also learned that being financially successful is not just about making

money, but what you do with that money is what’s important. I had to

learn how to keep money, how to manage my cashflow and how to turn

that money into more money. In other words how could I get it to come

back to me, and ideally while I was sleeping. Because once I could do that

Today I get to live the lifestyle I have always dreamed about. But I

share my story with you not to impress you but to impress upon you

that there were certain things I had to learn that made a huge difference

and turned my life around from being one of hard work and struggle

into a life that is definitely not hard work and not a struggle. Today I

pinch myself to think that my dreams are now a reality.

If someone had said to me eight years ago that I would have the

lifestyle I have right now, be earning the income I do, by impacting on

the amount of people I do in a positive way, by driving nice cars,

travelling the world, owning a multi-million dollar Noosa waterfront

home and a dream winter home overlooking the beautiful lakes and

mountains in Queenstown, New Zealand, having a farm with its own

personal airstrip, having a successful share and property portfolio,

amongst other things, I would have said, “Yeah right — impossible!” But

I have found that amazing things can happen if people are willing to be

open-minded and committed. The things I treasure and value the most

are the great friendships I have developed, the amazing people I have

met, but most importantly living my life’s purpose, serving my creator

and contributing and adding value to so many people’s lives. I decided

to measure my success by what difference I make to the world and how

many people I help rather than using material things as a measure.

Today I get the chance to travel extensively and one thing I have

noticed about fellow Australians is there is only a very small percentage

of people like myself who are actually willing to learn with an open

mind. No wonder so few people ever live their dreams.

Eight years ago not being open-minded was a major part of what

was holding me back. When I changed from someone that was very

closed minded to a sponge, open to any idea or concept that could

improve my life in some way, my life changed too. So I really respect

you if you have read this far, you must be open to learning and I admire

you for picking up this book and taking some time out of your busy

schedule to read it.

The other thing I recommend is the concept of giving. Now I do not

know if you can relate to this, but I used to make enough money to only

get by. And sometimes I could not even manage to do that. My

millionaire mentor who was an Australian multi-millionaire said to me,

“Jamie, don’t you think you are being a little bit selfish just making

enough money to take care of yourself?” This gentleman was earning

forty times more than he could ever possibly need and I replied, “Aren’t

you the selfish one? You are rich! You must be selfish.”

He said there was a different way of looking at it and that he

deliberately made thirty to forty times more in net worth and income

than he needed. He said, “I do not do it because I am greedy, I do it

because it puts me in a position to help other people.” He went on to

explain that if you just make enough money to take care of yourself,

then you are the one being selfish because you do not have the time, the

money or the energy to help a lot of other people as you are too

overtaken with your own financial problems to consider helping others.

For the first time, by shifting my focus from myself to helping other

difference to me as unfortunately many people feel that they can not be

spiritual and rich at the same time. I realised I could be committed to

helping others and become rich at the same time.

Now, I am happy to share many wealth creating strategies with you

over the course of this book. All I ask in return is that if your income or

net wealth increases as a result, that you will consider giving a

favourite charity, I am sure you will find someone in your circle of

friends who will volunteer for this role. Just joking.

Today I still work to create wealth, not because I need it to survive as

I have a lot more income and a lot more net worth than I need to live the

lifestyle I always dreamed about. I do it primarily because I am driven

to serve other people. To me money is a tool. Money is a tool to serve.

Imagine what you could do in your life, not just for yourself or your

family, but for other people, if you could master this mysterious thing

we call “money”. I link massive pleasure to helping people which

highly motivates me to work, which means I earn even more money

due to putting passion into my work.

To master money was a goal of mine and I am glad I have achieved

it to a level that produces better results than I ever expected. There are

many people in this country that are financially wealthy (or so you

would think), they have lots of money but they live in fear of losing it.

You probably know some people like that who live in fear of losing

money. I learned how to develop what I call an ideal mindset. If I lost

the wealth I have been able to create in the last eight years, I would be

lying if I said it would not bother me. I would probably be upset for a

day or two, but I know with certainty I could create it back faster and

easier without the need to work hard. To me that is real freedom. Who

would not like to have that freedom? That is more valuable than having

wealth alone because it is something that can not be taken away. We do

not have to live in fear of what is going to happen because we can have

a sense of certainty about our future. And I think that is what most

people want. I will cover practical ways throughout the book to achieve

this mindset. I also personally enjoy facilitating seminars on behalf of

dollar Australian education organisation that teaches the skills

and strategies of a 21st century education which includes overcoming

fears, which is what holds most people back.

seminars and whenever I attend these sessions I am blown away by the

phenomenal success stories I hear from graduates from all walks of life

who have successfully applied these strategies. I share this with you to

help you understand that what I am going to be sharing with you is not

theory. They are real life strategies I have personally used myself and

strategies I have modelled from some of the most successful people on

the planet.

One of their recent graduates, a middle-aged gentleman, was going

nowhere financially. He had a high-paying senior management role in a

multi-national company, but he had no idea how to manage his

cashflow to the point where he was heading towards bankruptcy. The

truth of the matter was that he could not determine the difference

between an asset and a liability. Once he applied our debt reduction and

cashflow management strategies he was able to eliminate 50% of his

debt and save for the first time in his life. These two simple strategies

alone have completely impacted his life and he is no longer a victim of

financial stress. He now enjoys a better quality of life and can look

forward to a great future.

Another story I heard was from two teenage brothers who have

created a monthly cashflow of $1,600 extra without needing to work by

using some of the simple strategies covered in this book. In order to

earn the equivalent they would normally have to work 230 hours,

(about 6 weeks, working 8 hours a day) as a casual employee at a

hamburger restaurant such as McDonalds. So you can image how

exciting their futures have suddenly become.

Other graduates have made $5,000 to $10,000 per month within

90 days of implementing some of these strategies and have been able to

leave their jobs.

Since applying these strategies, one individual found a Residential

Investment Property at $15,000 discount with 100% finance. She also renegotiated

her partner’s loan and released $200,000 in equity to use for

the strategy you will learn later in the book.

Yet another person created enough cashflow from her investments to

take her family on a long overdue five week trip to visit her son in

Switzerland. They travelled around Europe through their investments.

It is great to have this new mindset which allows them to share these

experiences.

his active income to the maximum. He has given all his customers

guarantees for his computer programming service, doubled his fees and

his customers keep coming back.

in mind — just as the founder of IBM did long before he ever opened

strategies in this book have already been utilised successfully by

thousands of ordinary Australians who can testify to their results. You

are going to get access to many of these strategies that normally you

would have to pay thousands of dollars to access in seminars.

lives down to the smallest detail and are shown how to create action

steps to ensure their dreams become a reality.

One of the guest speakers at one Advanced seminar last year,

Australia’s leading direct marketer, knows first hand the impact

designing your life can have. When he first immigrated from the Czech

Republic, he had no money, could only speak basic English and he and

his wife lived in an apartment with no furniture. Several years later,

after struggling financially, he created a vision statement of what a day

in his “ideal” life would be like and wrote it out no less than twice a day.

Within six months, he had completely turned his life around and the life

he created in his vision statement began to appear before his very eyes,

including massive financial success and plenty of time to spend with his

growing family in their new dream home.

By writing his vision each day, not only did he reinforce it, but it kept

him focussed on what was really important in his life and gave him

something to strive for. Now, I am not trying to tell you that he just

wrote his vision out daily and did not take any action. Obviously to

achieve such dramatic results in such a short period of time requires

dramatic action. By using the strategies of designing your life,

combined with RPA (Results Purpose Action), shown in this book,

combined with the best financial strategies I know, you too can create

your ideal life much sooner than you expect.

You may notice that the layout of this book is a little different to

many other books you have read before. You should use it like a

workbook and a reference guide to look back on after you have finished

reading it. For you to get the most out of this book you will need to

become involved, so when you come to the exercises in the book I

suggest you commit to doing them, as it will come down to your level

of personal commitment to how well you apply these strategies.

So, if you think that learning how to make money while you sleep,

or reducing debt, or creating your ideal life sounds like something that

you are committed to do, then you are definitely ready to get started.

But, before you learn all these exciting cashflow and lifestyle

strategies and how to excel in the 21st century, we need to discover why

it is that we live in one of the wealthiest nations on earth but so few of

us achieve the riches most people desire. In fact, nearly 96% of the

population never achieve financial independence according to the

Australian Bureau of Statistics. To find out how to become part of the

4% that excel financially, then you will need to know…

CHAPTER ONE

After I made the decision to stay in Sydney and turn my financial crisis

around, I began to ask myself some valuable questions. The first

question being, “Why is it that most people do not make it?” After all,

the World Bank once considered Australia to be the wealthiest nation on

the planet. Unfortunately, now the standard of living for many

Australians is dropping rapidly, despite our politicians trying to

convince us otherwise. With all the wealth that still exists, why is it that

so few Australians get to share in it? What is going on that limits us to

sharing in only a fraction of this country’s wealth, and what can we do

about it?

The other thing I was very curious about was why there are some

people that start with nothing and become millionaires, some people

even in their early 20s, and there are a lot of examples of that in

Australia right now. Some people in their 30s, 40s or 50s — there is no

age limit for financial success. But there are other people who seem

much more intelligent, often with a higher education, that in terms of

achieving financial success, fail and their lives are filled with hard work

and struggle. What is the difference between the two? Is it luck that has

some people acquire wealth, perhaps they buy more lotto tickets? Do

they marry into money, or inherit it? Or is there a bit more to it?

Let us then look at the “success formula” that most people have been

following. That of going to school, getting a good education and then

the ones who generally by the age of 65 end up dead, dead broke, on a

pension or need the family to support them. I have been dead broke

before and at one stage I thought that “dead” would have been better

and I am glad I did not take that option, but some people do.

(FI) which means that at age 65 they are able to stop working and

continue to live a comfortable lifestyle. It does not mean they are rich. It

just means they have enough money coming in to support them,

usually around $42,000 per annum.

Australian Bureau of Statistics classifies “rich” as having a net worth in

excess of $1 million dollars. A million dollars used to be a lot of money

years ago, but by todays standards, it is not that much. In the future,

most people will become millionaires just by paying their house off over

20 or 30 years. There are about 200,000 millionaires in Australia, but

even then, do these people necessarily have lifestyle? Remember, what

we are trying to learn is how to achieve lifestyle, and lifestyle = time +

money. There are many people that become millionaires but still lack

time and money. In other words, they need to keep on working. They

become what we call asset rich and cashflow poor. You probably know

some people like that — maybe even intimately. Becoming asset rich

and cashflow poor is really not the idea. Having money stuck away that

can not be used is pointless. There are many people who die with it and

there is not a lot of lifestyle in that. Sadly, the percentage of people that

actually have the quality of life they would really like is very small.

For those of you into detail, imagine you

had 100 classmates. Out of 100 of your

classmates, despite their best intentions, 71 of

them will end up broke at age 65 and sadly 25

of them will be dead — now you may say you

can not blame money for that — or can you?

A lot of doctors talk about a thing called

cancer of the wallet. Do you know what that

96% D

3% F I

1% R

is? It is financial stress and is usually not caused by having too much

money but a lack of money.

Now, let me ask you a question. When you were leaving school, did

your teacher ever say to you, “Who would like to volunteer to go out

into the world, get a job that you do not really like and work really hard

for 45 years? You will work Monday to Friday, (and some of you will

need to work Saturday as well) to pay the bills and never get to do the

things you really want to do because you will not have enough time or

enough money. Then at age 65 you will get to retire and within 2.7 years

you will drop dead.” What percentage of students do you think would

have volunteered to do that? Maybe one or two up the back of the class

who must not have been paying attention and missed the question.

Alternatively, how many do you think would volunteer to learn how

to set themselves up financially, so that from age 25 to 30 onwards they

never had to work another day in their life unless they chose to? Instead

they would get to spend quality time with family and friends, travel to

all the places they ever wanted, establish a career that they believe in

and live the life of their dreams. My guess is nearly 100% — except for

the ones up the back who must not have been paying attention and

missed the question again.

So, 25 of your classmates have unfortunately passed away. What

about the ones that retired broke. How broke are they? 20 of them will

have incomes of less than $15,000 pa at age 65. That, by the way, is

below the poverty level! 51 of them will have an income between

$10,000 up to as much as $35,000 (with an average of about $18,000) —

that is not crash hot either! Only four of them will have annual incomes

of over $35,000 and only one of them will be classified as a millionaire.

It is clear now that this formula definitely is not working for most

people. We could look at this as evidence that it is highly unlikely that

we are going to succeed and we could say, “What is the point of really

trying? The people making it must be really, really lucky.”

Instead it is probably a good idea to take the advice of my millionaire

mentor who said, “Jamie, if you want to succeed, you need to figure out

what most Australians are doing and do the exact opposite.” I believe

that anyone can follow this philosophy if we keep it rather simple.

Have you heard the phrase that success leaves clues? I have found in

my experience that failure leaves more clues. Usually when things are

not working we tend to look within. When I was turning my life around

I had to be completely honest with myself for the very first time. I had

to take a good look in the mirror, and find out what it was that was

holding me back.

I used to say, “I am not interested in money — money is not everything.”

Until my millionaire mentor told me that I was in denial. I could not

figure out what he meant by this. He said, “Jamie, do you think if you

say you are not interested in money then that is going to help you

become financially successful?” and I thought, “Well, no, maybe not.”

Then he said, “You know most people would agree with you that

there are other things more important than money. A lot of people say

they are not interested in money, but can you guess what the people do

who usually say that? They go and work for it because they are just like

you Jamie. You go off and work your whole life for money and the

whole time you say you are not interested in it. Would you not say that

is a classic case of denial?”

For the first time I was actually honest with myself and I said, “That

is true.” My millionaire mentor also said, “If you want to become

wealthy, you must not make money your god. Instead you have to learn

to master money. If you can learn how to master it and have it work for

you as opposed to you working for it, then money will no longer be an

issue. Those things that are most important to you like family, health,

career and relationships will always be your top priority.” I thought,

“Well that sort of makes sense.”

So I went from denying that I was interested in money to admitting

that I was very interested in money because I loved my family dearly

and valued my time and wanted to control my life. I decided right then

that I was prepared to make the effort to master money, because if I did

I could have the freedom I wanted. I learned subtle shifts make a big

difference to what is going on inside our heads and this became a huge

turning point for me.

The other two important qualities you need to have in order to be in

the 96% of people who fail financially, (I will call them 96 percenters) is

the ability to blame everyone else for your problems and to create

elaborate excuses. I became really good at blaming other people when

things were not working for me. Not only did I blame other people but

also the circumstances. I would blame the companies that would not

pay me. I used to blame my business partners who took advantage of

me and I used to blame my parents for not being rich. I would have

blamed the dog if I had one! What I realised was that I was taking the

power away from myself whenever I blamed other people. If you still

want to blame something then blame excuses!

I used to have lots of excuses like, “I am not interested in money, or

you need money to make money, or if I did not have all this debt, or if

I could just find the right job or the right career, or if someone would

help me out, then I would make it.” All of these excuses were not doing

One of my favourite excuses was, “If I could just get back all the

money that is owing to me then I could turn my business around.”

When my millionaire mentor heard this he said, “Jamie, you could focus

your energy on your past and try to collect all this money that is owing

to you, that is called ‘old money’. Most people live in the past and they

devote their energy to the past. If you want to become wealthy you need

to devote your energy to your future. That is called new money.” Then

he gave me another pearl of wisdom. He said, “I guarantee if you take

that energy and dedicate it to the future you will be a selfmade

millionaire well before you ever collect the money that is owing to you.”

At the time, I did not realise it, but by letting go, moving on and

forgetting about it I was creating the space for a lot more new money to

come into my life. In the same situation, many other people would have

been tempted to hang on and be upset, angry and peeved off about

what happened to them. I am not the only person that has been taken

advantage of financially in one way or another, probably half the

population has. For those who have not, what do you think is likely to

with it?

So should we let those things stop us? Some people say, “I invested

in the market once and I lost a lot of money, therefore I am never going

to invest ever again.” Instead they should be taking a look at what they

did, and what could be done differently so they do better next time. I

know someone who bought a property and lost money, as a

consequence they have never invested in property again. And then

there are some people who never touch anything or do anything. They

think this is a risk proof strategy. Is it really?

I have covered the qualities that a 96 percenter possesses in

abundance, but what attributes do you need to develop to put yourself

in the 4% bracket of the financially independent.

Until now I had been making excuses and shifting blame. Once I

applied the Law of Opposites, I discovered that if I was going to make

it financially and in any other area of my life, I needed to be

accountable. Once I accepted I was responsible for my mistakes, I was

able to reclaim my personal power.

Along with accountability comes action. Now, that is pretty

profound. How many people do nothing different and wonder why

nothing changes in their life? When I first learned I had to take some

action, I thought that meant all I had to do was go out and take any sort

of action and I would be successful. Unfortunately, my actions were not

always intelligent or consistent. Eventually I realised there was no point

in being motivated for only a few weeks at a time. As well as consistent

action, I learned to ask myself quality questions about the action I was

taking. I call this intelligent action.

For example, at the time I was sleeping on my friend’s couch and I

was $150,000 in debt and I was not sure what to do to turn my situation

around. I asked myself what most people would do faced with the same

situation, and the answer was — become negative and settle for a low

paid job for the rest of their lives! Getting a job and working hard, yet

not thinking about things sometimes is the easy solution to the problem

and most people opt for the easy way out in life. But when you think

about it, it is not the easiest solution because I would have needed to

work at a job for around 25 to 30 years just to pay off my debt. So using

the Law of Opposites I knew the financially intelligent thing to do was

not going to be to just settle for a job. The intelligent action I took was

to invest in my real life education. Obviously this was not an easy thing

to do because I did not have any money at the time! I will later share in

detail the major obstacles I had to overcome and the sense of

commitment that was required of me.

The other thing I had to develop was gratitude. At the time when I was

waking up on my friend’s couch freaking out about how I was going to

get out of my financial mess, my millionaire mentor said to me, “Jamie,

if you want to be successful, here is what I recommend you do. Every

morning when you wake up, find five things that you can be grateful

for in your life.” He said, “You may need to train yourself to focus on

what you can be grateful for, because without gratitude you will never

have true wealth.”

“You can become a millionaire and lose your gratitude, so are you

really wealthy? Obviously, the answer is no,” he said. “In order to have

more of what you want, you need to accept the wealth you already

have.”

But what I was focussed on at that time were my obstacles. I know

that what we focus on in life is what we get — that is common sense. So

once again I had to apply the Law of Opposites and slowly began to

focus on what I had, rather than what I did not have and immediately

my life looked and felt better.

At first I really struggled to find anything to be grateful for. I would

wake up each morning and ask myself, “What am I grateful for?” In the

beginning I said, “Nothing!” I was ungrateful and angry. Then I

thought, “Hang on a minute — I am alive!” If I wake up breathing is it

more likely that I can become a millionaire as opposed to if I do not

wake up breathing? I said, “I live in Australia!” Is that a great place to

live to create wealth? Australia is definitely a great place for lifestyle.

New Zealand have been rated two of the safest countries in the world,

with both USA and UK citizens flooding our embassies for visas to

come and live here, along with thousands of boat people.

In this country we are all incredibly wealthy. Do you think anyone in

Australia in their right mind would want to trade places with someone

in Bangladesh or Ethiopia? We have a tremendous amount of wealth

already and I had to start to recognise that. In fact we already have

everything we need to be successful. And that is a lot to be grateful for.

So when I added DENIAL + BLAME +

EXCUSES, I got the perfect ingredients of the

mindset of a 96 percenter — I was becoming

one of the people that retire either dead or

dead broke and are headed for financial

disaster!

Whereas, once I decided to have a

combination of ACCOUNTABILITY +

ACTION + GRATITUDE, I started to

develop the mindset of a 4 percenter and

inevitably move towards becoming

financially independent.

My millionaire mentor pointed out to me

that the thing that was stopping me from

having wealth was my thinking. He told me

that in order to live my dreams I would need

to master two things. MINDSET +

STRATEGIES. Both are important, but most people only want to know

about strategies and they neglect their mindset.

Imagine for a moment that there was someone who was willing to give

you:

(a) a million dollars in cash; or

(b) alternatively teach you to develop and create the mindset of a

millionaire.

D

B

E

A

A

G

Now, if we asked most Australians what they would prefer:

(a) the million dollars cash; or

(b) taking the effort to develop the mindset that is necessary to have

the success they want in their life.

What do you think they would go for? I believe most people would take

the cash. The reason I believe this is because about eight years ago that

is what I would have chosen. I used to be in business purely to make

money. I have nothing against making money and making a profit, but

it is the intention and energy behind it that really makes the difference.

I did not have a higher purpose behind why I wanted to make the

money (another big success clue).

I found most people go to work for money. They have been taught at

school to get a job to work for money. So if they have not already

become wealthy enough to live their dreams by working hard for

money they try other alternatives — they can gamble, try to marry into

it or wait until their parents die to inherit wealth. That is a strategy,

unfortunately, some Australians are using.

Did you know you can go to seminars that will teach you how to

marry into wealth? Seriously, they have them in New York and 90% of

participants are female for some reason.

Or the most common one is to buy a lotto ticket. If you invest in lotto

every month, you may live in hope (but unfortunately die in

desperation). And that is how most people plan to become wealthy. So

let us assume someone is lucky enough to win lotto. How well do you

think they are doing three to seven years later? Are they better off

financially or are they worse off? Statistics show us that in fact they are

worse off! Even if an average Australian wins a million dollars in lotto,

research shows they will be worse off 3 to 7 years later. Can you believe

that?

Would they have been better off with the cash or the mindset? If you

can understand that simple concept you can do the opposite to most

people. So what I had to do was take my eyes off the cash, I used to say

to my millionaire mentor, “…this makes sense, yeah, yeah, yeah, I know

all this stuff, just show me the money! I just want the nitty gritty, you

know, the strategies because I just need to pay some rent next week.”

“Because if I do, you will most likely stuff them up as you will have too

much fear and too much doubt, or you will think it sounds too good to

be true because it is simple. And success, you will think, can not

possibly be that simple, when really it is unbelievably simple.”

I thought success had to be hard work and a struggle. To me hard

work and struggling made sense. In other

words my mindset was in the way of my

success and fear kept me paralysed from

taking action. My millionaire mentor said,

“Mindset represents 80% of success.

Strategies only equal 20%. Therefore, if we

neglect mindset it is going to hold us back from financial succcess.”

I often believe that the reason why I have excelled financially in the

past eight years of my life, where many other people around me who

have had the same opportunities have not, is because I developed my

mindset. My world has changed mainly because I have changed. That

is exciting because the faster we change our mindset, the faster we will

create the things we want. So how do we change our mindset around

money right now? Have accountability, that helped me, have gratitude

and take lots of action and you will be well on your way, along with the

powerful processes I am going to suggest you do later in this book. With

mindset and no strategies you will still make it, you will figure out a

way, but with just strategies and incorrect mindset it is virtually

impossible to apply the strategies.

When it comes to wealth creation, mindset is an internal factor and

is very much under our control. In other words, we can do something

about it. There are, however, many external factors that we do not

necessarily have any direct control over, that affect our finances and can

prevent us as everyday Australians from ever living our dreams.

However, once we know what these external factors are and how they

affect us, we can learn to make them work for us, rather than against us.

80% M

20% S

We need to discover where money comes from and who controls it.

One of the most common myths about financial success is that

working hard is the key to success.

Let me clarify this for you now to ensure you do not fall into the trap

of believing this myth like I used to.

he meant.

I will use my Dad as the first example. He started off with nothing

and today is worth over a million dollars. He is like most farmers. He

believes hard work is the key to success and that is why he believes he

became a millionaire.

But I explained to my Dad that hard work did not guarantee or

actually play the major part in him becoming a millionaire.

You see, my Dad is a millionaire because his farm is worth more than

1 million dollars. But when he bought it many years ago, he acquired it

for less than $50,000. Despite the fact he has worked hard on this farm

for decades, this has not made him wealthy. Farm incomes have actually

dropped and he would never save a million dollars from his farm

income in three lifetimes.

His wealth was created by buying land at a low price and it

increasing in value over a period of time.

Actually, his wealth was created while he was sleeping, almost

without effort. Now it is true that a good work ethic and some hard

work in the beginning helped but this most important key was

investing his money and letting his money work for him, not just

working hard himself. He made more money while he slept at night

from the capital growth of the farm than he did by working hard during

the day on the farm for decades.

I will use my Mum as a second example of working hard versus

working smart.

She had always wanted a coffee shop in a town called Glen Innes in

Northern NSW where I grew up.

I did not realise until many years after she bought the coffee shop

coffee shop was located as well. However, she did not buy it because

they had already borrowed nearly $100,000 for the business and did not

want to borrow another $100,000 to buy the building.

She worked hard for many years, often not paying herself a salary,

(another big mistake, my millionaire mentor warned me, “You must

always pay yourself first to be wealthy,” he said). Often she struggled to

simply pay the rent on the shop, working hard for little result. Sound

familiar?

Here is the key. If she had borrowed another $100,000 for the

building, she could have:

1. Charged her business higher rent. Even if the business still

struggled but only managed to pay the rent, it would have

paid off the $100,000 loan for the building.

2. The building would have increased in value making her more

money without working, plus her charging higher rent

automatically makes the building worth more.

3. She could have then sold the business and kept the building.

To make it easier to sell the business, she could have offered

vendor finance and the new owner pays her off for the business.

All she needed was the business owner to meet rent payments,

making my Mum money while she sleeps. No need to work

hard at all. Actually working too hard prevented my Mum from

thinking about how to become wealthy by working smart. If the

new business owner was not successful and did not meet her

commitments, my Mum could simply re-sell the business again

to another owner as she is not responsible for their success —

they are. She can only help them succeed; if they fail she can

always sell it again, for which she gets paid again. In the

business, the key is to simply ensure the new owner meets her

rental obligations, and ideally her vendor finance obligations.

4. If she wanted to still work, she could consult or work part time

for the new business owner and pick up another income and

enjoy her work because she does not have to work long hard

hours. She works because she enjoys it and it is a choice, not an

obligation.

5. Which debt becomes the greatest risk, the $100,000 for the

building or $100,000 for the business? Obviously the business as

it can become worthless quickly, where the building is likely to

increase or maintain its value.

I hope this explains why working too hard can often be detrimental and

is not the key to wealth creation where working smart is.

Things you will learn in this chapter:

• Why, if you have been conditioned for hard work and struggle,

you will attract “more hard work and struggle”, instead of

becoming rich, and ways to change this

• How to change your wealth conditioning

• Why how you feel about yourself can determine your income

• Do you charge enough for your time and services?

• How to be spiritually comfortable being rich

• Why you should avoid the cheap and discounted products and

only buy quality if you want to be rich

• Why as children we can grow up thinking it is bad to become

wealthy

• Why if you are negative you will repel money

When I first started looking at how to overcome my financial situation

I came across the work of an English gentleman. His work taught me

some very valuable lessons in mastering money. He shared some

esoteric concepts that improved my ability to have money attracted to

me in my life. His belief is that it is not necessary to become a

millionaire, or become immensely wealthy, but it is important to have

enough money to go through the physical plane to buy those

experiences that you need for yourself and for your loved ones. Like my

millionaire mentor, he also opposed the concept of working hard,

struggling and forcing money into one’s life. The way he taught me to

understand esoteric money was simply to raise my energy, to have more

Although it was a different and humorous way to explain wealth

creation, after a while I realised it made sense and it was not very

different to what my millionaire mentor had been teaching me. If you

raise your energy and have all these people showing up and then you

have no way to bill them, then obviously you will not have the

abundance you want in your life.

He said that when you look at the universe, or physical plane you

can understand that it was not designed for people to be rich. If we

divided all the wealth up in the world, among all the people, in fact,

everyone would be a millionaire. The system has been designed so that

only a few people have the wealth. To pull yourself out of the system

you need to put in a certain amount of transcendent energy. An

interesting point he brought to my attention was:

He believed just a few people, somewhere between 500 and 1,000

families, own the world. These families also own the governments, the

societies, the banking systems, and all the financial institutions. I could

not understand or believe it at first but I now believe it is possible and

you will discover later that there is a lot of compelling evidence to show

exactly that. They decide virtually everything for you and they also

decide how much money the average man in the street will have. If you

own a small business then you are trading in an energy pattern of

control and restriction. These controls ensure that the average person

will not become too self-empowered and start to take away control from

these families. If the people around you are in the same situation, of

only earning just enough to survive and you can only earn money from

the energy of those people, then they are not going to have any

disposable income to buy your product. So you can see how everybody

is affected by the system. He reminded me that:

way you can get out of the system and its conditioning is to have a force

of will that is stronger than the force of will that is trying to control you.

He went on to tell me our societies do not teach us power. We are

conditioned to believe we are weak, and we should have guilt. We are

supposed to support everything else, by sending money to everyone else,

and that if we do too well, we will be considered evil, greedy and corrupt.

That simply is not true. The universe is absolutely abundant. It will give you

anything that you believe in and more. Astory he once told illustrates this:

helped me grasp the world of money in a whole new light, causing me

to see the bigger picture of the way money works.

I could relate to what he was saying because I would experience first

hand, being in this circle of activity, when my business was going broke.

The fighting, kicking, clawing and the ripping off others was in a bid to

make money! Now, I believe as he does, that making money should be

a more fluid and simple activity by moving into a pattern that allows

wealth to flow to you naturally.

Where you scratch and bite to get money it is almost like your wealth

means someone else’s poverty. On the other hand, if you choose the

more fluid approach you allow others in the universe to share your

energy and from your wealth they become richer.

There is no limit on how much is out there, nor is there a limit to how

much money you can have. There are millions of opportunities for cash

at no effort at all. Your wealth is not going to financially constrain

anybody else, because we are not living in a finite world. There is

always an ever-expanding amount of wealth.

He believes:

He says:

He explained what we needed to do to break free of these negative

energy patterns surrounding us:

He also pointed out to me that very often we are taught that you can not

have money and also be spiritual. It is interesting though that when you

so automatically they will have a lot of money. He said:

In essence, we need individuals that are preparing to push against the

system without confronting it. As he says:

He says:

As a result of what I was learning, I always knew to buy the very best I

could possibly afford but buy less of them. He shared a great story that

underlines this strategy:

Another great concept I learned from him is that the amount of money

you make, is directly linked to how you feel about yourself. Since we

were born we have vied for love and attention and acceptance from the

people around us. When we translate this need into the marketplace we

have a tendency to charge less for our products and services, or not

charge anything at all just to win peoples’ acceptance. If you do not

want peoples’ acceptance then you just go about your life and what

other people think about you is their problem, you can begin to charge

what you like for your services.

If you sell your products and services with energy and love you are

selling a higher ideal and there is no limit to what you can charge. I

know when I first started in business, I worried about charging my

clients too much until he pointed out:

How much should you charge? He says:

So many people do not charge enough. They do not charge enough

for their labour and they do not charge enough for their products. This

comes from self-image that people have of, “Oh gosh I am not really

worthy of all of this so I really should not charge that, or they are not

going to love me if I charge so much.” But in fact when you can see the

transactions that you are involved in as energy then you are not involved

in the emotions of how much something costs. The fact is, the more

quality that you put into something the more you can charge. At the top

end of the scale you can charge anything you want. The aim is to put

yourself and your energy into your commercial endeavours.

I know personally I have been into a shop or hotels and the whole

energy of the place is flat. Nobody seems to want to serve you. Nobody

really cares. You do not really want to spend your hard-earned money

in such an establishment. But when you are served by a person that is

enthusiastic and happy and they are willing to put their heart and soul

into the product, I do not mind, I feel the energy and that inspires me.

He talks a lot about the systems that control us. So if we are going to

master money then we will need to understand the history and

origin of money and how the systems play the game. Because if you do

not, you will just keep on playing the game the way the systems

want you to play. At the time I had no idea what systems he was talking

about.

He also told me that these systems were never designed to have the

average person become incredibly wealthy. In other words, if we follow

the masses and do what the systems condition us to do, we will end up

in financial disaster, dead or dead broke at age 65. I am not necessarily

saying that is deliberately designed that way, however it does not

matter as the result is the same. So, how do we change that? First of all

to change it we have to look at how the systems play the game and why

most people are not going to make it, then we can see what to do

differently and you will see how simple it can become.

Up until now, you have been taught by certain systems that the only

way to get money is to work for it. However, there is another side to

money that most of us have never been taught. The reason you have

never been taught this is because it is not in the best interests of the

systems and organisations that control money to tell you the truth

about it. That truth is that money is simply an idea. I often say to

people that the cows, the horses and the sheep on our farm could not give

a damn about money. It does not mean anything to them. It only means

something to you and I as humans. The value of money is

only an idea that you and I have accepted. In other words, whether

you believe it or not, money is literally made out of thin air.

To demonstrate what I am talking about, we will take a look at the

history of money, where it comes from and the systems that control it.

The information and ideas you will learn in this chapter will show you

how everyday thin air is turned into cash.

If you have ever studied economics at school or university, you would have

learnt about what is called the scarcity or poverty model. When I was taught

economics at university I was told it is the study of scarce resources.

Essentially, there are two different ways of looking at the world. Most

people look at it through the scarcity model hence why they lack things in

their life. In the beginning of this chapter you were introduced to a story

about the apricot tree and the reality that there is an abundance in the world.

If we look once again at the ‘Law of Opposites’ and realise that most people

in the world see life through the scarcity model, then we can see

immediately that the abundance model is the mindset we should adopt. I

look at the world in abundance and that is probably why I have an

abundance of things in my life. Isn’t it interesting?

But that was not always the case. I used to think that for someone to

be rich, they must take from others, in other words, they win and

someone else loses. I thought, “I am not like that, I want to help other

people, but still do well at the same time.” If I was going to become

wealthy I wanted to feel good about it, not become wealthy from being

someone who rips people off.

Would you be happy with 3 million dollars as a start? Who would not

be? I often say to people that if you are not worth 3 million dollars right

now, then basically you are being ripped off.

If 3 million dollars is not enough for you, then you can rest assured

knowing that every couple of hours there are several billion dollars

being created out of thin air. In fact, a trillion dollars is created in the

world over one weekend! So if you have not acquired your 3 million

dollars yet, let us find out how you are being possibly ripped off and

how you can get some of your money back.

that the real reason people on this planet are starving is a lack of food.

In reality, there is enough food to feed everyone on the planet several

times over. So if it is not the amount of food available, what is it? It is

the distribution of food that is the problem, just like money. If you do

not have enough, it is not because there is not enough for everyone in

the world to be comfortable.

It is the distribution of money and who controls it. There are three

major systems that play their part in the control and distribution of

money. These are:

They all play a part in conditioning us about money that is often

detrimental. Once you start to look at the systems you notice some

inherent problems. If we know that nearly 96% of people end up dead

or dead broke, then it is obvious that these systems are highly

ineffective at helping the average person attain financial success. The

second is that as these systems were designed in a time that no longer

exists, the world is changing so rapidly that the systems just can not

keep up and they are outdated. Thirdly, there is a lot of evidence to

suggest, and I challenge everyone to make up their own mind about it,

that many of these systems were never designed in the first place for

you and I to become incredibly wealthy. So if these systems can not or

will not help us to become wealthy, we need to set the agenda to become

wealthy for ourselves, because nobody will set it for us.

“That is not fair, why don’t they change them?” Let us look at these systems

and see what we could do to improve them. When it comes to the

government system, you could say, “Enough is enough,” and vote for a

different political party, but has that ever really changed anything? Or, to get

your voice heard down at the bank, you could maybe run a protest rally

outside one! Unfortunately, none of it is probably going to make a big

difference, especially if you are broke and sleeping on a friend’s couch like I

was. We can conclude that there is not a lot you can do to change these

systems right now. Maybe one day if enough people become wealthy with

the right intention, these things will change automatically. I am currently

writing a book that covers the history of money and exposes one of the

world’s greatest financial scams by the US Federal Reserve, the IMF, and the

World Bank, which continues to this day. It shows exactly how these systems

were established, especially the banks and their immense control over the

world. It is highly controversial and already there are attempts to prevent the

general public from finding out this factual evidence. But for the purposes of

this book, we need to look at areas where we have the control to make a

difference right now. It is imperative we begin by regaining our power.

The third system is the education system which is pretty difficult to

change while you are at school, but you can change it when you leave

school. If you have not already read a book called, “Rich Dad, Poor Dad,"

by Robert Kiyosaki, then I highly recommend you get yourself a copy. I am

sure most people would agree it is a good start on the subject of money.

What Robert talks about is a concept that school is designed to teach us

how to work for money. In other words, we are taught how to get a job.

equation and not the other. The basic concept of how to have money work

for us could be taught to 10 year olds at primary school in probably a one

hour session. It would make a big difference in their life. Robert also says,

“The other thing to understand is, our education system has planted seeds

of failure, frustration and financial disaster in our societies.” Unfortunately,

we see evidence of it everyday. He wrote a best selling book before “Rich

Dad, Poor Dad” called, “If you want to be rich and happy don’t go to

school”. Although the title may suggest otherwise, Robert is not against

education. In fact, being the son of a teacher and being a teacher himself, he

is all for education. By writing the book, he was really challenging people

to question the education system and ask, “If the education system is so

phenomenal, why then do most people end up as dismal failures in the

financial area of their life?” Would you not agree that it is a fair enough

question? Robert also identified that our education system is outdated. It

we can see a challenge with that. If most people have an outdated

education how do they expect to excel in the 21st century?

In this chapter, we have learned how money is just another form of

energy; we have also learned about the major systems that control the

money supply. Now we need to know how these elite families control

the world’s money supply and how that affects you.

To assist you further with the strategies being taught in this book I am

making available to you FREE, a 3 hour Video/DVD, valued at $97.00. To

have this sent to you complimentary, simply phone the number below or

go online to order. The video/DVD will explain many strategies in even

further detail than this book, to ensure you learn even more. I am donating

100,000 of these for free. After that they will cost $97.00 each, so take

advantage of it while you can. 50,000 have already been requested. So be

quick. Also feel free to go to www.21stcenturyacademy.com, click on

Discussion Forum, and join our online forum for free.

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CHAPTER 3

We have covered the major systems that control money, but where does

the money actually come from in the first place. Previously, one of my

mentors mentioned that 500 to 1,000 families control most of the world’s

money supply. When I first heard that I thought, “That can not really be

true! Could it? I mean, how could that be possible?” Sounds like a

conspiracy theory. When I did my own research into the history of

money and how money is controlled, I realised how it was actually

possible for a small minority of people to virtually control the wealth of

the entire world. It is so critical if we are going to master this thing

called money that we know more about it than what most people are

taught at school and university or by our local media.

Many people believe that governments print money, which is true.

Governments do print some of it. However, most of us would think that

is what the government is for — to create money. When we look into the

history and study money, the facts are that governments only print a

very small fraction of it. In fact, you would be amazed at what really

goes on. The banking system creates about 99% of the world’s money

supply. The Government only creates a fraction of the money supply. So

how does this affect you?

The few families that control the world’s money supply can

determine what we pay for virtually everything. Ranging from the

pay for your mortgage!

If this were true, how is it possible for a select few families to have this

control? Simple! Throughout history, these families have controlled the

money supply and my research found that they maintained control over

governments and citizens. One example was the Rothschild family. By the

early 19th century, they and their allies used fractional reserve banking

techniques to dominate the central banks in the UK, USA and France.

However, the concept of fractional reserve banking did not start

there, it began in medieval England around 1024AD by the moneychangers.

They were not considered bankers as such but were generally

goldsmiths. They started storing other peoples’ gold for them in their

vaults. On receipt of this gold, goldsmiths issued gold deposit receipts

to the owners. This was the advent of paper money. Paper money

became popular because it was more convenient and safer to carry than

gold. People then no longer needed to visit the goldsmith regularly to

collect their gold to purchase something.

To simplify the process, the receipts were eventually made out to the

bearer making them easily transferable, without the need for an

endorsing signature. This broke the tie to any identifiable deposit of

gold. Over time the goldsmiths became aware that most depositors

never returned for their gold. At this time they started to lend out some

of the gold that was entrusted to them and kept the interest earned from

the loan themselves. They then started to print more gold deposit

certificates than gold they had in reserve. They discovered they could

lend out this extra paper money and charge interest on it as well. This

was the birth of fractional reserve lending or in other words lending out

more money than reserves you have on deposit.

Really, it was the beginning of an elaborate scam that continues to

this day. If you and I sould commit such acts, we would be jailed for

fraud.

Would you agree then, that it is definitely in the bank’s best interest

for you to deposit your money with them? Remember at school, not

only were we conditioned to work hard, but also the bank came around

to our school to encourage us to open an account and regularly deposit

money into an account. Now I have got nothing against savings, but is

it not interesting that at a young age I was conditioned that the safest

place to put my money is in the bank. Let us look at whether it really is

the best place for us to put our money.

Modern day fractional reserve banking works in the same way as

when the goldsmiths first started it. For example, if we put $1,000 in the

bank tomorrow, the bank is legally able to loan out a lot more than the

$1,000 you have deposited. The amount of leverage it can get depends

on the type of bank you deposit your money into and its liabilities ratio.

Since 1984, trading banks have been able to loan out 18.3 times the

money they have on deposit, and savings banks and building societies

up to 32.8 times. Therefore, for each $1,000 deposited, the bank is able

to loan out $32,000 plus. From this example, you can see how money is

created and expanded. Not all banks do this, usually just the larger

central banks. Some banks just buy money off other banks at one rate

and sell it at a higher rate. If the bank loans your $1,000 out 32.8 times

at 10% they would earn $3,280 pa. This interest rate could vary

anywhere between 5% and 10% for a mortgage and up to 16% for a

credit card. The interest you would get in return would be around

3%–6%. For this example, let us be generous and say you earned $60 on

your $1,000, ie., 6%. You then pay tax to the government and you are left

with about $45. In essence, the bank has risked nothing and earned

$3,220. So you can see that the money is usually made by the bank,

rather than the depositor. Would you not like to be a bank?

So who sets the bank’s liability ratio? Generally, there are rules and

regulations that to some degree are set by the government. Most people

would assume that the government, seeing that it is designed to

represent the people, should regulate that figure in the best interest of

the people. However, there is a tremendous amount of money at stake

when it comes to ‘fractional reserve banking’ and the Centrally

Controlled Banks (CCB) can wield a lot of influence over individual

politicians or the entire government to have the regulation set at a level

that they would prefer.

If the banks have only a small fraction of reserves, what then would

happen if everybody wanted to withdraw their money? The truth is, if

had even paid out 3% of their customers. This is because the account

holders funds no longer physically exist as they have been loaned out

so many times. The banks have little or no reserves. Essentially they are

giving you fake money but because everyone accepts it, they can keep

creating more of it, without actually earning it like we have to. Through

the Fractional Reserve System, they effectively create counterfeit money

and get away with it, yet you and I would go to jail if we did the same

thing. Is it any wonder the banks own the tallest buildings in every city.

So how does a small minority of the world’s population gain control

of the money supply and why is this of concern to us. There are two

major players in the money game. The first is what we call a Centrally

Controlled Bank (CCB). CCBs are owned and controlled by a small

number of families and individuals. The second player is the US Federal

Reserve. Now with a name like the US Federal Reserve you would think

it was a government organisation designed for the people. The

interesting thing is, if you ask the average American if the US Federal

Reserve is a government organisation, what do you think they would

say? Most would say yes of course. However, if you look it up in the

Yellow Pages, guess where it is listed? It is not listed in the Government

area, it is listed in the commercial area where all commercial businesses

are registered, because it is a private organisation and not a government

organisation. The US Federal Reserve is a private organisation designed

to make maximum profit and does not answer to the US Government or

the citizens of the USA. The US Federal Reserve is a deliberate name

designed to fool people into thinking it is a Federal Government

organisation. The US Federal Reserve was actually formed out of deceit

when the US Federal Reserve Act was railroaded through a carefully

prepared Congressional Conference Committee meeting. The meeting

was scheduled when most members were sleeping, on Monday 22

December 1913 during the unlikely hours of 1:30am and 4:30am, during

which time 20 to 40 substantial differences in the House and Senate

versions were supposedly described, deliberated upon, debated,

reconciled and voted upon in a near-miraculous four-and-a-half to nine

minutes per item, at that late hour.

At 4.30am, the Committee’s prepared report was handed to the

printers. Senator Bristow of Kansas, the Republican leader, stated on the

Congressional Record that the Conference Committee had met without

notifying them, and that Republicans were not present and were given

no opportunity either to read or sign the Conference Committee report.

The Conference report is normally read on the Senate floor. The

Republicans did not even see the report. Some senators stated on the

floor of the Senate that they had no knowledge of the contents of the Bill.

At 6.02pm on 23 December, when many members had already left

the Capital for the Christmas holiday, the Bill was hurried through the

House and Senate. President Woodrow Wilson signed the Federal

Reserve Act of 1913 into law.

The act transferred control of the money supply of the United States

of America from Congress to a private banking elite. It is not surprising

that a bill granting a few national bankers a private money monopoly,

was passed in such a corrupt manner. (Source: Anthony C. Sutton). This

is a perfect example of how governments are only puppets for CCBs.

So, you may ask, “If governments only print around 1% of the

money supply, where do they get their money?” The answer is often the

International Monetary Fund (IMF), which is largely controlled by the

US Federal Reserve, which is the face of many of the CCBs. You often

hear about the Federal Reserve through Alan Greenspan making certain

decisions that are going to change the interest rates and you would

probably realise that American interest rates have an effect on Australia

and the rest of the world. So, you can see that decisions made by the US

Federal Reserve can affect how much we pay for our credit cards, our

mortgages and virtually everything because interest rates affect the

whole economy.

The IMF loves to loan as much money to governments as possible.

Why might they do that? If you were a CCB and your agenda was to

make a lot of profit, do you think that, say the Australian government

would be a good organisation to loan money to? It would be, would it

not? Most governments would be. Governments have a choice,

including the Australian government. We can print our own money

debt free and back it up by our own reserves and not have to pay

borrow money, the IMF is only too happy to loan it because, firstly it

will be guaranteed security from the taxes imposed on its citizens. The

IMF knows that the government can increase taxes to pay back that

loan. So the IMF knows it is fairly certain they are going to be repaid.

Secondly, if the country can not get enough money from its citizens,

they know that a country has assets. If a country can not afford to meet

its interest repayments it can then be forced to sell its assets. Now, of

course this would never happen in Australia, or would it?

If we look at what the government has done over recent years you

will see that it is now selling off what was the last remaining asset of any

significance in Australia. Of course, that asset was Telstra. The

Government’s promise as part of its re-election platform was that in

return for being allowed to sell Telstra it could completely wipe out the

government debt.

At first it sounds smart does it not? If they can do that and wipe out

the debt, the repayment money can then be used to virtually bribe

voters to ensure they win the next election. I am sure if you are old

enough to vote then you may know that during an election,

governments find out what different sections of the community want

and then offer it to them as an inducement to vote for them. In fact,

governments tend to promise voters whatever it takes to win that next

election. So you can see these decisions are often made for short-term

Unfortunately, governments are in the habit of getting into more and

more debt. Let us relate back to yourself so it makes more sense. If you

had a profitable business that brings you in money without you

needing to be there and you had a credit card bill which is getting

bigger, should you sell your business and lose your income in order to

wipe out your debt?

In the short-term, it looks great because you have eliminated the

debt. Only now you still have the same habit of getting into debt, so you

run up a huge bill on your credit cards again, however, now you have

got nothing left to sell to wipe out the new debt. The result being, that

you are now going to have to work harder for someone else to earn

money to pay it off. However, if you are the government you simply

send the bill to someone else in the form of increased taxes. Guess who

that someone else is? Generally the middle class, everyday Australians

as that section of the community gets the biggest tax bill in Australia.

for the individual of that nation and their standard of living decreases.

Running a country is in some ways very similar to running a business.

If that is the case then, you can see that politicians need to understand

how to run a business successfully because they need to have the same

mentality to run a country. Unfortunately, many of our politicians have

no real-life experience at running a successful business.

Let us look at the challenges this situation creates. We will use

Australia as an example as it affects us if we choose to live here. What

happens if the government borrows a lot of money? Firstly, the country

becomes impoverished because of the higher debt, this leads to higher

taxes to pay back the debt, with lower wealth for citizens and the sale of

national assets like Telstra. This then results in the need to encourage

investment in Australia by foreign companies, leading to excessively

high levels of foreign ownership.

Recently, I was skiing in Whistler, Canada. Whenever I go to a new

country I like to read the newspapers to study the economics of other

countries as it fascinates me. In Canada, the government controls the

majority of newspapers and foreigners are only allowed to own up to

25% of them. Is that the same as in Australia? Australian newspapers

are mainly foreign controlled, despite technically being Australian

owned. The interesting thing is that in Canada foreign ownership levels

have increased from about 22% to 27% and Canadians are getting a little

bit nervous. They are beginning to think that maybe foreign ownership

is creeping up too much. The mentality is, “We do not mind the money

but we do not want to sell off our whole country.” In Japan, the USA and

the UK foreign ownership levels are all less than 11%.

level of foreign ownership. Then dare we ask the politicians of

Australia, how high our foreign ownership level is? These figures are

actually meant to be published regularly, but for some strange reason

they have been hidden over the last four or five years. Could it be

possible then that the government is a little bit concerned about the

average Australian finding out how much of their country has actually

been sold?

Many experts are stating that foreign ownership is now between

70% and 90% and by the year 2005 it is predicted that Australia will be

virtually foreign owned. Not that there is anything wrong with

controlled foreign investment, but should we be concerned at this

excessively high level? In the short-term foreign investment means our

standard of living increases, because there is an influx of money flowing

into the economy. Foreign investment creates jobs, Australians get to

work for the foreign owned companies and take home a wage. But

where do the profits go? Do they stay in Australia or do they go back to

the companies that invested here? Obviously, if foreign companies are

going to invest in Australia they are going to expect to make a profit and

there is nothing wrong with that, but these profits mostly go offshore

virtually tax free.

As a result, the standard of living in Australia in the future may start

to fall. We are now only rated the 30th wealthiest nation in the world and

we used to be rated number one. There are countries that were once

rated as third world countries that now have a higher ranking of wealth

There is another country that used to be as wealthy as Australia that

has dropped to 33rd wealthiest country and is now classified as a third

world country. You may have heard of Argentina. Now, I am not

suggesting that we have their problems but we must not become too

complacent living in Australia that we will not face serious financial

problems in the future. Luck may be running out for the “lucky

country”, unless of course we all decide to do something about it.

Hopefully, this book will help achieve that, at least in some way.

So, what has this got to do with you? I believe that if Australians were

educated about these challenges they would want to help overcome them

and ensure the long-term future of our country. The best place to start is

with our own financial wealth. We need to take a look at what we are

doing in our own lives. Are we running up excessive bad debt and then

cashing everything in to wipe out the debt? And then repeating that

pattern? In Australia we tend to think everything is fine and we have not

yet felt the full effects of the decline in our standard of living. But once we

The Government has already sold off most of our last remaining

assets such as Telstra. This could explain why the government had to

introduce a new tax system called the GST. If the Government knows

that we can not sell much more to raise the revenue, the only place left

to get the revenue is from the people. The GST is a broad-based tax

designed to target the Australian people. But, will it tax the rest of the

wealth in the country like the foreign owned interests? Well, that is a

different question.

To run Australia as a business it costs $160 billion dollars a year, (ABS

Statistics 1999). Australia is a very profitable business. So when we are

told the economy in Australia is going really well, that is great, but it is

a pity we do not own most of it so that we can share in it. Australians

now only own approximately 9% of corporate Australia. Do you think

that as we only own 9%, it would be fair that we only had to pay 9% of

the tax and the remainder should be paid by the foreign interests that

potentially own the other 91%? I mean, if they make most of the money,

is it not only fair that they pay most of the tax? The reality of the situation

I hope this helps you understand why Australians pay such a high level

of tax. Someone has got to pay the bill, and they know where you live so

to speak; that way you get sent the bill.

become wealthy despite the current tax system and the country’s

foreign debt and economic challenges. It does not matter what they are

doing in Canberra; you can still get the results you want. The important

thing to remember is not to be disempowered by what the systems are

creating. However, in understanding that, we can take control of our

own financial situation and eventually change those systems to make

them fairer for everyone else in the future.

A number of other solutions to solving some of the world’s finance

problems that I discovered are to firstly increase the cash reserves in the

banks by at least 50%. This would reduce the spiralling debt of many

countries and could be done at say a 1% increase over 50 months. These cash

reserves could then be used to wipe out third world debt. Once the third

world debt is gone, the individual country debts could be extinguished. The

consequences of not implementing some type of solution to escalating levels

of debt is that the CCBs will continue to do what they are doing, which will

create such poverty that it could lead to a major economic collapse. As

nations become poorer and poorer, they will have less and less money to

spend on products and services. These countries will become so poor and

impoverished that they are not going to be able to buy products to sustain

mean the complete elimination of the IMF, the World Bank, and the

World Trade Organisation, or at least some major restructuring and

transparency so they are accountable to individual citizens of nations. I

would not be the first or last person to suggest such major changes.

Central banking could still continue as it provides competition to the

government having complete control over money, however, some

benefit is that they must be controlled and accountable to the individual

citizens of nations. After all, it is collectively our money and wealth they

are taking.

It also comes back to personal solutions for ourselves for which we can

take control. We have the power to change our own situation. After looking

at the bigger world solutions, which we may or may not be able to directly

influence immediately, the question I had to ask myself was whether I have

ever been guilty of running up a lot of bad debt like the government does.

I realised in the past I have been guilty of that. What we have to look at are

the areas under our control. If we are getting into a lot of bad debt, then we

are contributing to the debt of the nation. We are contributing to the wealth

you fail to become wealthier and your wealth decreases, then everyone

is worse off, especially yourself. We are all linked. If there are people in

our country or in the world suffering, it means we will all suffer to a

degree. The terrorist strikes in the US have shown this in a major way.

Another area that the CCBs use their power to influence is the

media. In fact, a few years ago in the USA, three quarters of the majority

stockholders of ABC, CBS, NBC and CNN were banks. The power to

influence the media has however been reported since early last century,

as evidenced by the following example from the USA Congressional

Record (Vol. 54, 9 February 1917, p. 2947). “In March 1915 the JP Morgan

interests were steel, ship-building and powder. Their subsidiary

organisations got together 12 men high up in the newspaper world and

employed them to select the most influential newspapers in the USA,

and a sufficient number of them to control generally the policy of the

daily press. They found it was only necessary to purchase the control of

15 of the greatest papers. An agreement was reached; the policy of the

papers was bought to be paid for by the month; an editor was furnished

for each paper to properly supervise and edit information regarding the

questions of preparedness, militarism, financial policies and other

things of national and international nature considered vital to the

interests of the purchasers.”

Another interesting example of media control comes from John

of his profession”. He was asked to make a toast before his peers of the

New York Press Club. He responded with the following statement:

“There is no such thing as an independent press in America, if we

except that of little country towns. You know this and I know it. Not a

man among you dares to utter his honest opinion. Were you to utter it,

you know beforehand that it would never appear in print.

I am paid one hundred and fifty dollars a week so that I may keep

my honest opinion out of the newspaper for which I write. You too, are

paid similar salaries for similar services. Were I to permit that a single

edition of my newspaper contained an honest opinion, my occupation

— like Othello’s — would be gone in less than twenty-four hours. The

man who would be so foolish as to write his honest opinion would soon

be on the streets in search of another job.

It is the duty of the New York journalist to lie, to distort, to revile, to

toady at the feet of Mammon, and to sell his country and his race for his

daily bread — or, what amounts to the same thing, his salary.

We are the tools and the vessels of the rich behind the scenes. We are

marionettes. These men pull the strings and we dance. Our time, our

talents, our lives, our capacities are all the property of these men. We are

If you would like to do some of your own research into who controls

the world’s money supply, I highly recommend a website

www.themoneymasters.com or email: customerservice@21stcentury

highly factual and will change your perception of the world

immediately and help you understand why certain things are currently

happening in the world such as terrorism and anti-American sentiment.

Another video I recommend is called, “Australians for Australia”

presented by myself to highlight to Australians the economic challenges

we are facing that our politicians are hiding from us.

You can see how difficult it is to convey accurate information in our

source that the major systems have not yet figured out how to control.

However, as I write this, the Government is now trying to come up with

ways of doing just that. Nevertheless, the Internet has already created

massive change in the 21st century and I believe will continue to do so.

I have shared a brief insight with you on the world’s monetary

system to assist you in the bigger picture of how you fit into the world

structure. I could write a whole book on this topic also (I am actually in

the process of it), but for the purpose of this book, I just wanted to give

you a brief idea of the way money works in a global sense.

Now you know where money comes from and how the systems

create it out of thin air. To tap into this thin air for yourself and excel

financially in the 21st century, you will need to gain some new 21st

century skills and strategies. In order to do this you will need to find out

exactly what a 21st century education is and how to go about accessing

one.

One of my new projects is establishing a non-profit organisation called

World Solutions Institute. This will be to educate people about the

world’s greatest challenges and educate the public about potential

solutions.

If you are interested in learning more about this or contributing to

help make the world a better place, then email,

customerservice@21stcenturyacademy.com  regarding World Solutions

Institute and we can update you further. A website at

www.worldsolutionsinstitute.com  will soon be ready to access.

Now you understand the concept of how money is made out of thin

air by the systems and how the families that control the money do this

every day. These concepts are important stepping stones to a 21st

century education. When I first began to understand these concepts, I

started to say, “Maybe if I want to excel in the 21st century I need more

than a school or university education I received in the

20th century (which was actually created in the 19th century).”

education are probably more likely to excel than those who do not.

What I started to look for was solutions and different ways to take

back control of my finances and my life. Many people want to change

the world, but we can never change things on the outside, unless we

first change things inside ourselves and then our world automatically

changes.

When I first looked at the idea of getting a 21st century education, I

had a couple of challenges with it. My first question was, “What exactly

one?” Now you can ring your local TAFE college and say, “I am reading

a book at the moment that has suggested to me that in order to excel in

the 21st century, I need to have a 21st century education. Can I please

enrol as a matter of urgency in the next 21st century education course?”

They will probably say, “What are you on? What are you talking about?

We are still in the 19th century here, please do not rush us — you will

need to take a number!” In other words, how do we get this 21st century

education?

To be honest, the investment over the last eight years, for me to

acquire a 21st century education, has been rather tremendous — in

excess of $100,000, though the return on that investment has been

phenomenal! Now, I am not suggesting that you have to invest $100,000

to develop your 21st century education. With the advent of the

information age, these days it is much easier to do that. However, I will

say that yes, I was worried when I was attempting to borrow $25,000 to

start acquiring a 21st century education, when I did not even have the

money to cover the rent the next week, but I was focussed on

developing a millionaire mindset and developing a real life education.

If you get that first, then the rest will fall into place.

In this chapter, I will give an overview of the components that make

up what I call a 21st century education. Then the following sections in

the book will cover each of these areas in detail.

How do you define emotional intelligence? Rather than reacting to

life as most people do, emotional intelligence is the ability to

consciously respond to a situation rather than react under the influence

of our emotions at that time. Unfortunately, we can not control

everything that happens in the world. However, I have found that most

people do not consciously respond to life, but subconsciously react to it

driven by their habitual emotional patterns. In other words, whatever

happens in their life they will react to it, keeping in mind that they are

probably not resonating positive energy patterns and therefore

probably not attracting positive energy into their lives.

One of my mentors, Anthony Robbins, explained to me that every

emotion you feel has a very specific physiology connected to it. What I

mean by physiology is your posture, breathing, facial expressions and

patterns of movement. The problem is that most people limit

themselves to only a few habitual patterns of physiology that result in

them experiencing no more than say 10 different emotions on a weekly

basis. These physiology patterns, after a while, run automatically and

begin to dictate the emotional states we live in. Unfortunately, most of

the ten emotional states we live in are negative and will not serve us on

our path to success, for example, doubt, fear, uncertainty, worry,

frustration, anger, disappointment, anxiety, stress.

So if we are going to be emotionally intelligent human beings and

improve our chances of being successful in the things we want most,

rather than reacting unconsciously, we want to once again do the

opposite. We want to make a conscious decision on how we will

respond to a situation.

Unconscious Reaction versus Conscious Response is the essence of

what emotional intelligence is at a basic level. For example, have you

ever experienced in the past, being madly in love with a special person,

yet when the relationship ended, for a time you were emotionally

distraught and perhaps devastated at the loss? Most people would have

experienced a relationship break up at some time in their life. When that

happens you can be emotionally devastated. I know it happened to me

not work out and I was really upset about it. It was over. My heart was

shattered into a million pieces. In that state of mind I was definitely

reacting to what was happening. But looking at that same experience,

say five or ten years later, what I thought was a crisis at the time turned

out to be the best thing that could have happened. For instance, if my

old girlfriend did not dump me way back then, as devastated as I was,

I would never have met a beautiful lady many years later who

eventually became my gorgeous wife. Actually, now I am glad and

happy it happened, even though at the time I thought my life was

virtually over and I could not imagine overcoming the loss.

This is true for relationships, jobs, businesses and even a financial

have been devastated by it in the moment, and you meet people where

that has happened and they stay in that state for a month, a year, some

people for the rest of their life; they never recover from it. Others

however, over a given period of time, look at things differently, through

different sets of eyes. Applying emotional intelligence means you do

not need to wait twelve months, or five years or a lifetime to be able to

look back at a particular experience, look at it differently and choose a

different response. Emotional intelligence shortens the gap.

When a crisis strikes in our lives, we do not really want it to happen

but it does. Instead of reacting and being devastated by it, what if in that

are not successful is because of a particular event that happened in their

life. Whereas a different person may experience exactly the same event,

yet that has become the reason why they are successful today; the same

experience but two completely different outcomes.

event that caused massive reaction worldwide, understandably. I, like most

people, initially went into a state of shock. This soon then tends to change

to a state of denial. We think it can not be true, it must be a movie or a hoax

we are watching on television, hoping the next day we wake up and

everything will be fine. If we are not careful we can then go into a state of

fear and/or become paralysed, creating tremendous doubt and uncertainty

about the future of the whole world, which is understandable. But these are

all reactions, no doubt natural reactions for humans.

Then what will tend to happen after that is that we will begin to

attach meanings to what has happened. Some people will begin to

attach a meaning that the world is over, this is the beginning of the end

and be paralysed by terror and refuse to go to work, refuse to even fly

ever again, just sit at home and go completely into their shell. But if we

are going to be emotionally intelligent, even though it is not easy,

reacting in that way, mainly in that state of fear and terror is giving our

power away. It is actually a state of selfishness about how we feel

instead of perhaps that of more intelligent individuals who after they

initially go through the shock and denial and natural terror begin to say;

what can we do, what are some things we can do immediately to try

and do our best to help the people who have been affected by this

situation. Can we give blood, can we send donations and can we pray

for the people?

Then what is important to be emotionally intelligent is what meaning

we now attach to the situation, do we now attach a meaning that life as

we know it is over and the world is doom and gloom and we can never

live life as we know it. Or, do we attach a different meaning about what

has happened, why has it happened and what can we do about it? I think

the greatest danger is that many people feel helpless, that they can not

do anything and that is not a good state to be in. I think the state should

be a state of what can we do. Initially we can donate blood and help

people in that way, but then we have to look at the bigger picture and I

guess the key is what meaning do we attach to it?

A very important step here is getting the right perspective, because

if we look at the media, the media has blown this totally out of

perspective. It is tragic that some 3,000 people were virtually murdered

on that day, but if we put into perspective what is happening in the

other parts of the world more than 3,000 people die every single day

from other tragic events. But because we are not focussed on that, we

are not aware of it and we do not feel the immense pain of that situation,

despite that fact that there are people starving and cruelties occurring in

the world, but it is where we focus that we notice.

The ability of focussing on a particular event can always distort our

perspective and the media, unfortunately, is very good at this and

distorted what happened, even magnified it. We must put things into

perspective and the question is what can I, or you as an individual do

about this situation? Are we going to be disempowered by this for the

rest of our lives or are we going to say this has happened and now I am

going to be more committed to being a better person and enjoy my life

while I can and help make a difference so that this may never happen

again? I think some of the great things that came out of this unfortunate

tragedy were that the world united as one, they all felt the pain and

united on what to do to eliminate terrorism and what we had possibly

done that could have indirectly contributed to this. Are there people

suffering in the world that maybe we have overlooked or have not paid

enough attention or perhaps done enough to try to assist? It made

people look differently and realise that there are people starving and

suffering under regimes and dictators that are cruel to the people of

their countries. Then, ultimately if they are suffering we are all going to

suffer unless we can help to change that, as difficult as that may be.

I know myself I decided rather than be disempowered about this, I

became more committed and I asked myself what I could do to help

improve the world’s monetary system. Realising that poverty and the

economic hardships that are caused by our current monetary system

have a big part to play in this what can I do to attempt to influence that

more and create positive change. What can I do to give more to charity,

what can I do to reach out and contact people and let them know how

much I care about them while I am actually alive and have that

opportunity. Also, to really appreciate the freedom and wonderful

things I have in my life which, prior to that tragedy and situation in the

World Trade Centre Towers, many people had taken for granted. Do we

go into fear and never fly again? Many people said to me, you are crazy

for getting on a plane and still flying. I happened to be in Africa at the

time and then London shortly thereafter, where there was a lot of fear

and panic in London as it was possibly a target to be attacked. If we give

away our power and give into terror, then that gives the power to the

terrorists when we do not want to give into terror. We want to go about

living our lives and that is what George Bush said, and I certainly agree

that we need to get on with our lives. The best thing we can do to help

is going about our normal lives, get on a plane and do not cancel things

as it just makes the situation worse. If we allow ourselves to be

controlled by terrorism it will only become worse. We must stand up to

it and that is one of the best ways to deal with it.

So, the question for yourself is how did you react to that, did you

choose to put it into perspective and choose what we call emotional

intelligence. In other words, did you react to that in a way that is going

to empower you to be more, become more and assist more in a more

positive way. If there are enough people on the planet doing that, then

we are collectively all better off.

While we are on this topic I would like to share a story, which was

relayed to me by Tony Robbins, one of the world’s leading success

coaches and presidential advisors. He was sharing a story how at the

time he heard about the planes crashing into the World Trade Centre, it

was about 4am in Hawaii where he was conducting his Life Mastery

seminar events. It is an event I attended many years ago, which I highly

recommend to anyone, and I coached and assisted at these events for

several years. I was not at this particular event, but Tony was at the

beginning of the second day of a nine-day event, quite a long event. The

second day is on this topic that he teaches, where I first learnt about this

concept of emotional intelligence. He was saying it was quite prophetic

that the first day of the seminar, the day before the towers were struck,

he started the seminar by mentioning to his audience, how would you

live your life differently if you knew you only had days or weeks left to

live? When you think about what you would do differently in your life

and to determine what is most important, who would you call, what

would you appreciate, how would you value your life differently?

in the seminar and said, “You know just hearing what we have been

talking about here tonight and what you are saying Tony, has made me

realise something. Just before coming along to the seminar my long term

boyfriend had asked me to marry him and because I have lost my

husband under tragic circumstances many years ago and I was not over

that yet, I told him no. I felt like he was putting too much pressure on me

and I was not ready and did not want to commit to marriage at this point

in time. I was going away to Life Mastery in Hawaii to really focus on

myself. He had made an ultimatum to me that if I was to go away to Life

Mastery then that was it, it was over between us.” So they parted, as

quite often happens in a heated dispute. She realised by what Tony had

been talking about what was most important to her so she made a

decision that she wanted to accept his proposal and agree to marry her

long-term boyfriend whom she loved dearly. So after the seminar that

night, she phoned. Obviously it was a different time zone back in New

York where he lived and all she got was his work voice mail, so she left

a message saying she had been doing some thinking and wanted to let

him know how much she loved and cared for him and that she would be

delighted and happy to accept his proposal to get married, and that she

could not wait until she got back. And, the very next morning was when

the world trade towers where struck by the two planes. She obviously

found this out the next day. There were about 500 people in the seminar

alone who were actually from New York and many people had

workmates, family and friends working in the building when the

disaster struck. And she shared her story the next day, obviously

extremely devastated about what had happened. The morning that her

boyfriend had gone to the World Trade Centre, and had just arrived at

work, he checked his voice mail and heard her message. He was so

happy he phoned back but she was not available because of the time

difference but she received a voice mail back from her boyfriend. He was

expressing how unfortunate it was that they would probably never see

each other again. He said, “You may not be aware that the building has

just been struck by a plane and is on fire, and it does not look like we will

get out of here. I would just like to let you know I received your message

and it meant so much to me that you agree to marry me and love me. It

is the happiest day of my life and I will die a happy man knowing that

you have said yes.”

Another example I will use is my financial crisis. People who have

gone bankrupt and have been in a lot of debt have jumped out of

windows and killed themselves because they have linked massive pain to

staying alive and facing their reality. Yet, I have been in a very similar

situation; I had two options to choose from, dead broke or dead, and at

one stage dead was sounding attractive, or at least a whole lot easier.

I chose to look at it in a different way and not use my financial crisis

as an excuse but a reason to be successful. I had to become a lot more

emotionally intelligent and with the help of my millionaire mentor I

began to look at my situation differently. As difficult as it was at that

time, I actually had to ask myself what was great about my situation? I

look at it now and I am so glad it happened, because if it did not then I

would not be where I am today.

So, often things that we think are bad turn out to be good. Have you

ever noticed that in life? What we need to look at is how we take control

in the moment to respond to something rather than react to it. We can

not control what happens out there in the environment around us, but

we can control what happens inside of us. So what we are looking for is

There is a story of a man called Victor Frankel who survived the

WWII concentration camps. He talks about how being locked up in a

concentration camp is one of the worst things that could ever happen to

a human being. However, he realised that although he could not control

the conditions surrounding him such as virtually being beaten to death,

starved or being taken outside in the freezing snow, stripped naked and

left there, one thing he could control was his emotions and what

meaning he attached to them.

handle the pain, he looked at it differently. He believed that no matter

how much he was beaten into submission, that inside he chose to

remain free and therefore his freedom could never be taken away. That

took a lot of courage and a lot of power and he survived that better than

many others. Victor Frankel took charge of the resources he had, despite

how bad it was inside those concentration camps. Hopefully, most of us

will never have to go through that. However, we will endure other

crises in our lives. So are we going to live with a sense of certainty or

live with the fear of something bad happening one day?

We do not want to live in fear with the mentality of, “I do not want

to put the effort into a relationship in case it ends, or become wealthy in

case I lose it, or what is the point of trying as the world as we know it

may end.” We want to have a sense of certainty no matter what

happens.

Today, I live with a complete sense of certainty that it does not matter

what happens or what is taken away from me, I know what I have

within me is everything I need to succeed. And that inner sense of

certainty is something that can not be taken away unless I allow it.

So this is what I mean by emotional intelligence on a higher level. We

are going to respond, as opposed to react to life by asking different

questions. It does not matter what happens, we choose how we

interpret it. We need to ask, “What is great about this situation?” So it

does not matter what happens, even the worst thing could happen but

we will still find the good in it. I can not stress enough the importance

of mastering emotional intelligence. There is a lot to understand which

is why I have dedicated an entire section in this book to help you

develop the millionaire mindset. With your newly acquired emotional

intelligence you will be more than capable of putting any financial

strategy into practice, along with mastering other areas of your life.

Financial Intelligence is something that Robert Kiyosaki, author of

“Rich Dad Poor Dad", talks about. Without it, we are forced to follow

the path that most people take that we have seen very often leads to

financial disaster. So, if we are to become financially intelligent we need

to know exactly what it is and how to go about it. I am going to suggest

that if you want to excel in the 21st century you need to have money

work for you, not just work for money. That is an important part of our

education. Who would have gone to a lesson on financial intelligence if

they taught it at school? If the teacher had said, “Instead of having our

usual lesson today on Algebra, we are going to have a lesson on how to

have money work for you, so when you leave school, if you do not like

working for someone else, you do not have to.” Most people would

have gone to that lesson and I know that would have been one lesson I

would have actually paid attention to.

The following example illustrates the

depth of financial intelligence in the

Australian population. If we gave every

Australian $10,000 right now, what would

happen to that money in twelve months

time? Statistics show that 80% of

Australians would have spent all the

money and have nothing left, because this

is what most of us have been taught to do.

16% of people would have turned the

$10,000 into $10,500. Where do you think they would have put it, to

get such a handsome return? Of course, it has gone straight in the

bank! Now, we can not call either of these categories financially

intelligent and those figures make up 96% of the population! Less

than 3% of the population would turn the $10,000 into as much as

$20,000 inside twelve months. If you can do that you would definitely

be considered financially intelligent. In fact, if you can do that, there

is probably no dream on the planet that you could not afford to buy

one day, that is up to 100% return on your money! The remaining 1%

of the population can turn that $10,000 into as much as $1,000,000

inside twelve months.

Only a small percentage of people reading this book will develop the

mindset necessary to one day be able to consistently do that, turn

$10,000 into $1,000,000 or more. However, the incidence of that

$10,000 80%

16%

3%

1%

happening is becoming much more rapid because of the internet and

dotcom billionaires. And that is exciting, but for most people, it is not

realistic, at least in the short to medium term.

In order to become financially intelligent, there are a few basic words

we need to understand. I call them financial words. Imagine we are

back at school and we have to understand how to make money work for

us, instead of working for it. At school we have a thing called income,

which would be our pocket money and then we have expenses. I know

back then, my expenses were things like the school tuck shop or

There are also things called assets and liabilities. Now, the

interesting thing here is if we apply for a loan at the bank, a credit

card, home or car loan, etc., what are some of the things they let you

put down as an asset? You can put down a car, house or furniture.

You can also put down your clothes, CD collection, hi-fi and even

your television. Let me ask you another question, not that we are

picking on banks here but do banks make record profits in this

country? Yes. Does the average Aussie make record profits in this

country? No. In other words, is it a good idea to follow what the

banks let us believe are assets and liabilities if we want to do well

financially? I would dare say, no. But you need to make up your own

mind. There is no right or wrong here. Remember, it is what you

choose to believe that is important! I used to say “Well, that is not

forgot about who is right and who is wrong and just decided to

become rich.

So what I am going to suggest is that we need to create a

new definition as to what the banks allow us if we want to do

well financially.

The definition that I like to use for an asset is something that makes

me money while I sleep, without working. Do you think that would be

a good asset if it did that for you? What I wanted in the back of my mind

was lifestyle. I wanted the end result. I did not want to get caught up in

we have to think smart in the 21st century. Access to cash and cashflow

is important for lifestyle.

If you do not like my definition of an asset, you could borrow Robert

happen if you stopped working right now? Do you have things that will

continue to put money into your pocket? If so, you can put these items

criteria, but if you can understand that, at least it is going to set you up

for a great lifestyle.

The great Australian dream is to own your own home. Which one of

the systems sells that dream by the way? Of course, it is the banking

system. Obviously there is no agenda behind that — or is there? We are

going to look at some strategies later where banks are going to love us

because we are going to make them lots of money. But you will be on

the winning side too, because these strategies will generate plenty of

cashflow for you too.

I believe a WIN/WIN relationship is the way the universe works

best. There are people that think win/lose is the way to win, but I do not

see how that can work long term. In understanding that a bank has a

different opinion of an asset consider the following. If you own your

own house, you are living in it and paying it off. Under the bank’s

definition they will call your home an asset, but under the new

definition would we call it an asset or a liability? Unfortunately, I would

call it a liability. Obviously, we term it as a liability because it is not

making us any money while we sleep, in fact, it is taking money out of

our pocket, is it not true? Under that new definition it would not be an

asset, we would put it in the liability column.

Now, if you manage to work very hard and pay that home off and

you are still living in it, is it an asset or liability under our new

money into your pocket. I know it is a tough definition, you do not have

to use it, but let us face it, a house will take money out of your pocket if

The other area we have to look at is debt. Once I had dug myself out

of debt, my goal was to never, ever be in debt again. When my

millionaire mentor heard me say this he said, “Jamie, I can understand

why you say that, but if you want to do really well financially, you

might want to consider that not all debt is bad.” At first when he told

me this I didn’t want to listen and I said, “There is no way you are going

to convince me to go into debt.” He said, “Well, let us see, do you want

to make more money while you sleep?” I said, “Yes” and he said, “You

might want to consider a thing called good debt.” There are two

thought forms to debt. One is bad, most people are familiar with bad

debt, this includes purchases that depreciate and have no tax benefits.

The classic bad debt that most people have that drops 20% in value as

soon as they drive it out of the showroom is of course a car. Obviously,

good debt is the opposite. It is debt that will go up in value, instead of

down and ideally has tax benefits. Therefore, we have to become

comfortable with debt.

Some people say, “They will never go into debt again.” But that is a

19th century belief. It is essential if we are to excel that we look at debt

differently. There is also something I term ‘super duper’ good debt and

that is debt that you do not have to work hard to pay off. Money can

come while you are sleeping to pay it off. Or better still, imagine a debt

where you never, ever have to pay it off. Would you agree that is a good

debt to have? We will look at this type of debt in Section 3.

Since this talk with my millionaire mentor, I have increased the

amount of debt I have gone into rapidly. I have increased my debt

loading in excess of $10 million in recent times whereas I used to be

concerned about being a hundred and fifty thousand dollars in debt. In

the near future my goal is be able to increase my debt loading by many

more millions and continue to grow that every year.

I estimate 50% of people reading this book will be in a position to

take advantage of the strategies I am going to share with you in Section

3 and could within 90–180 days, if they applied them successfully, be

making more money while they sleep than while they work. I base these

estimates from 10,000s of my seminar participants, which represents a

typical cross section of Australia and New Zealand, predominantly the

baby boomer 45 to 55 age group.

The other 50% of readers are quite capable of implementing the

just one strategy, after attending some of our intensive programs.

Stories such as that are real to me, but due to society’s conditioning it is

not reality for most people. However, if we understand by having a

different mindset and a different understanding of money, it becomes

possible. If we use the mindset that most of us have been taught — that

of working hard, then becoming financially free becomes almost

impossible. Most people who work hard and are wealthy believe they

got wealthy from working hard, but in fact the wealth has really come

out of thin air. A lot of farmers, like my dad’s example, are worth a lot

on paper, and they think it is from hard work, but the increase in the

value of their property has come from guess where? Thin air — the

capital growth of their properties while they were sleeping, whether

they worked hard or not.

For those of you who have not read Robert Kiyosaki’s book, I highly

recommend his work. He is a very good teacher on the subject of money.

What he covers is something I had to learn, which was cashflow

management. He breaks the population down into three classes; poor,

middle-class and rich.

The poor are told to get a job. If they are lucky they will, and that will

bring in cashflow. But what they also have are expenses and most of us

learned how to spend money rapidly at an early age and at the end of

the week or month our pay cheque is gone. I used to live pay cheque to

pay cheque, which would put me in the category of the poor. That is

where many Australians are financially.

Then there is the middle-class. The middle-class generally earns a

higher income, usually they went to university, etc., and the reason

most people go to university is so they can get a higher paying job. With

that extra income also comes a major expense called tax. In other words

the more they earn, the more tax they pay to the government. (Did you

know income tax was created by the communists. It is interesting why

in a so-called free country we are slugged with it. The removal of

income tax would solve a lot of societies financial problems.)

The government and banking systems know all about making

money out of thin air. The middle-class also tend to have bigger

expenses; the golf memberships, the clubs, they eat at better restaurants,

etc. The other thing is the middle-class believe what the banks tell them

are assets and liabilities. The banks tell middle-class Australians that

their house is an asset and that is not a lie because the house is an asset,

but whose asset is it really?

It is the bank that gets money coming into its pocket every month

while it sleeps, and they have complete security over the property. From

their angle it is a pretty good asset.

The middle-class start acquiring things that are really liabilities. In

other words, these purchases start taking out their cashflow. After a

while they buy a bigger house in a better suburb and that usually costs

more. To go with that bigger house, there is one thing that often

happens. They can either become wealthy, by just doing the

fundamentals of good investing, which is not perceived to be sexy or

flash, or they can appear to be wealthy. For many people, first

appearing to be wealthy is actually easier because they can do it straight

away.

These people get caught up in appearing to be wealthy and often

they will have a nice car that goes with the nice house. Often that nice

car is financed, so there is more cash going out. These days anyone can

get credit cards, but Mr and Mrs Middle-class are VIP clients of the

bank. These are the people they make most of their money from. These

VIPs are sent pre-approved credit cards. After all, they have always

promised the children they will take them to Disneyland for their

holidays, so when the Gold Visa card arrives, they book the family

holiday to Disneyland and whack it on the Gold card, with the intention

of paying it off with the next pay rise.

So, you can see how most of the middle-class do not have a lot of

cashflow left over at the end of the month. It does not matter how much

is earned, most people think the answer to their financial problems is to

earn more. I know people who come to me who earn $1 million a year

plus and they fit into this category. When I point it out to them, they are

not really impressed because sometimes the truth hurts. In other words,

they spend more than they earn so they fit into the middle-class

definition. If we want to become wealthy we obviously need to change

that.

On the other hand, in the beginning the rich will get any job, instead of

focussing on income, they are not into status and will do whatever it takes

to get started. They will focus on real assets, things that make money

while you sleep, or put money into your pocket. The first way to build up

assets is by saving money. The reason I live my dreams today is because

I became one of the best savers in the country. You do not have to be very

good at saving to be one of the best savers in Australia. Australia is not a

nation of good savers. We have one of the lowest savings rates in the

entire modern world. One of my goals is to change that.

With these savings, we need to learn how to turn these assets into

making us money while we sleep. In other words, our assets will be able

to draw out cash, or generate cashflow from our asset column, which

will come in as our income. That means the money comes in without

working, you no longer have to rely on a job. Most of us need to focus

on our asset column more. There are three areas the rich get rich from,

these are business, property and shares. I call them the 3 Pillars of the

Rich and consistently focus on all three to become wealthier.

spend their money and lastly pay tax on what is left, that is, they run

themselves as companies. Companies pay tax on what is left after

expenses at a lower rate than the middle-class. The poor and middleclass

earn money and get tax taken away immediately and then they get

to spend what is left and try to create wealth out of that.

I am Australian and I believe in paying tax and as a result volunteer

to pay tax in this country. I am not into simply offshoring money,

although I know that has become popular. I think every Australian

should pay a fair amount of tax. The operative word though, is fair.

What is a fair amount of tax? I do not agree with the amount of tax that

most Australians have to pay, especially middle-class Australians and

especially if you know about credible taxation alternatives other than

the GST that would lower your tax rates massively by taxing every

dollar in the economy. This would mean all multinationals would have

to pay their fair share of tax. You may have heard of debit tax, e-tax and

other credible taxation alternatives which seem never to be allowed

much public debate in our country.

In section 3, we will cover some tax minimisation strategies, but

initially we will look at Bill and Mary, our average Australian couple

and see if we can help them generate an extra $10,000 to $30,000 out of

thin air. We will also help them to go from making no money while they

sleep now, to making $4,000 per month in passive income. We will also

cover property and other strategies, looking at these areas to see

traditionally what people are doing and how we can improve upon

these strategies by once again using the ‘Law of Opposites’.

Of the four key areas that I have worked on during the last eight

years of my life the first is the ability to think. This may sound

obvious, but you would be surprised at how few people actually

do think creatively. In the 21st century the ability to think will be

invaluable, but we must learn how to think creatively. What I mean

by thinking creatively is having the ability to solve challenges.

Unfortunately, most people have been taught not to think and how

to have someone else do it for them, like their boss or spouse.

The second area we need to nurture is the ability to negotiate. In

life to get what we want we have to know how to negotiate. As

children, we are very good negotiators, is that true? But when we

start to get rejection as we get older we start to take ‘no’ as an

answer. If you want to be successful, the secret is to never take

‘no’ for an answer.

The third skill is the ability to communicate. To communicate

effectively is not something we are taught at school. It is just not

good enough knowing something beneficial. If you can not

communicate a benefit to someone else so they can understand it,

then you are not communicating effectively and will not achieve

your desired results.

The fourth area is the ability to market or marketing. I do not mean

you need a marketing degree like you would get at university. I am

talking about results focussed marketing. In other words, how do

you take an idea or concept and communicate that message in a

business format to the marketplace to make it a reality?

All these skills can be learnt rapidly and they are what we call generalist

skills. In the 21st century those who are generalists will excel, those who

are specialists will suffer. For example, not that many years ago

approximately 100,000 people were employed in the vinyl record

industry in the USA. When the CD was brought to the market, that

industry was virtually wiped out overnight. Now, if these people had

developed the four key skills and had a generalist education, they could

have gone to another industry with their communication, negotiation,

marketing and creativity and problem solving skills, and been

successful. However, because they had specialised in their knowledge,

that knowledge was no longer required, or had very little value. This

financial desperation.

Now you may say this was a one-off occurrence, but when you think

about it, what is the likelihood of industries and companies coming and

going at a rapid rate in the 21st century. I believe that businesses will

change even more rapidly the further we move into the information

age. So you can see the importance of a 21st century education and the

four key skills. These skills are so critical to have, and fun to learn.

The fourth area we will cover is RPA. That simply means Results,

One question everyone seems to ask today is, “How do I turn my

dreams, my goals, my desires into reality?” The RPA Planning Process

is a proven system for taking anything you can envision and making it

real. It not only teaches you how to organise, but how to actually think

differently from those who become muddled in an ocean of activities.

There are three simple steps to the process. The first is to ask the

question that all people who succeed ask — “What do I want from this

situation? What is my result?” The word result is the ‘R’ in RPA. So do

not ask yourself, “What should I do?”, but, “What is the result I am

committed to achieving?” Until you are absolutely clear about what you

specifically want, any “to do” lists or plans you create will be

generalised and ineffective.

Secondly, you must know why you are doing what you are doing.

You must know the purpose, represented by the ‘P’ in RPA. Having a

sense of real purpose, compelling reasons, will make this result or

outcome happen. There is a major difference between simply having a

dream and achieving a worthwhile goal. There are many ways to

achieve a result, but you must know why you are going after it so that

if your first plan or attempt fails you have the necessary drive to follow

through.

And lastly, once you know the exact result you are committed to

achieving, why you must achieve it and what it will give you

emotionally, physically and psychologically, then you are in the state of

mind to begin creating an action plan. Begin by asking yourself what

you must do in order to achieve this specific result. That action plan is

the ‘A’ in RPA. The sequence in which you determine these three

elements is the difference between success and failure. For example, you

may know all the individual digits in a person’s telephone number, but

unless they are in the right sequence, the numbers are useless. Similarly,

knowing all the numbers to a combination will not open the lock if they

are not in the correct order.

If you wish to succeed, always start with the end in mind. Successful

people are totally clear about the final result they are after. They have

accessed the Power of Why; they have a burning desire to achieve their

result and it is tied to a clear specific goal. Creating the action plan is

simple when these first two elements are put together. When you have

developed a results-focused, purpose-driven, action-oriented plan for

your week, your day, your month, or for any project or goal that you are

committed to achieving, you will have created the certainty of knowing

that your dream is about to become a reality.

I use RPA to design my life to a ‘T’. In other words, the life I live

today is no accident. When I was on my friend’s couch I fantasised

about the things that I wanted. I wanted to earn in excess of $1,000,000

a year. I wanted to travel, see the “Leaning Tower of Pisa” and different

places around the world. I wanted to lay in the Caribbean, go to Hawaii

and America. In short, I wanted to do whatever I pleased, whenever I

pleased. I also wanted to plan what sort of home I would live in and the

sort of people I wanted to associate with.

In the future, do you want to be surrounded by people who are

uplifting, caring and who respect you, or do you want to be associated

with people who take away from who you are and hold you back?

Those things are critical. What do you want to do on a daily basis? Do

you want to do something that when you wake up you can not wait to

get to work because you love it? Or do you want to have to say, ‘Thank

design them well to ensure we choose a career we love!

I have covered the components of a 21st century education. Once we

have learned to apply these critical areas, our lives will undergo

dramatic changes. There will be a lag time between applying the

principles and having your dreams show up in your life. However, if

you persevere, the rewards will be unbelievable. So if you want to make

a start on your mindset you will need to turn to Section 2, to discover

the secrets of emotional intelligence.

SECTION TWO

CHAPTER 5

In Chapter 2, I briefly mentioned that in order to be successful, you need

to raise your energy, to have more life force and more power. But how

do you go about raising your energy? In this paragraph, I wish to

explore this concept with you, as it is a key step in achieving millionaire

status fast. Let us imagine a graph where 0% represents no energy and

100% is maximum energy. If someone is at 0% energy, then we can

probably assume they are dead. I dare say many people are living just

above 0% energy. Not to be critical, but many people are living in a state

of death warmed-up.

Majority of population

has low life force energy

0%

At the other end of the scale is 100% and that is an extremely positive

energy. If a person moved up the scale, they would have more of a

fulfilling life because they would be vibrating and evolving at a higher

level. They would be more spiritually connected where they can think a

thought, attach emotion to that thought and then manifest it rapidly, as

their life force is flowing more powerfully and is not stagnant or

blocked like many people’s.

One of my goals always was to have a loving, fulfilling relationship.

My millionaire mentor said, “Can you see that if you want a loving and

fulfilling relationship, then having a very dense or a low level of energy

could make that goal very difficult to achieve because you are only

going to manifest the same energy you are projecting? In other words,

you will manifest into your life someone who also has a low, dense level

of energy. In essence, your relationship will result in a competition for

energy.”

He referred me to a book called the “Celestine Prophecy” by James

Redfield. It talked about a concept called ‘Control Dramas’. It is a great

way to illustrate a competition for energy. If you grew up with brothers

and sisters like I did, you will probably relate to the following example.

He said that when we are little babies, we think we are the centres of

attention. If we cry we get attention, we get love and we get energy.

Then as we grow older, we have to start competing with our brothers

and sisters for that energy because they also want our parents’ love too.

Now there is competition, so we get into what are called control

dramas. These are used as a tool to control and manipulate people

around us, often subconsciously. Therefore, we often do not realise we

are doing it.

My millionaire mentor said, “Most people want energy, without

even being aware of it. People think they want money, but what is

money? What is love? What is having an exciting life? All these things

are just another form of energy. Everyone wants energy. When you can

figure this out, you can see the whole world differently. So we start to

run control dramas to get that energy, even if we have to steal other

people’s energy. Let me explain.”

“There are many different control dramas. There are some people

who use the ‘poor me’ drama. Their way of getting energy would be to

get your sympathy by telling you all about their tragic circumstances

and their catchline is, ‘You just do not understand how tough it is for

me’ or ‘You do not realise how much has happened to me’. They want

you to know how bad things are so that you will feel sorry for them. You

probably know some people like that.” I certainly did.

He went on to explain to me that others are into confrontation, they

might be what we call ‘intimidators’ or ‘interrogators’. You may know

some people who are rather intimidating and interrogating and they

like to confront people. They are often rude and abrupt. To get their

energy they deflate others and literally take their energy if they are

allowed. They possibly learned at a young age to compete with their

brothers and sisters or other people around them to get attention.

Some people are ‘aloof’. They seem quiet and shy, and often do not

fully participate in an attempt to be different. That way, by being

different, they attract some much desired energy.

After my millionaire mentor shared this with me, I thought to myself

if we have these patterns as children, is it possible that we may continue

these patterns into our adult life? Unfortunately, often that is exactly

what happens. People sometimes come to tell me how bad things are

(poor me). It is not that I do not care for them, but the last thing I want

to do is give them sympathy, because that is their pattern of how they

get energy. That is what they think they need, but it is not really what

they need. That is why I realised it is great to have a coach or a mentor

as that makes a big difference; I know it did to me. I could tell my

friends my hard luck stories and they would sympathise with me

because misery loves company, so they say. They would embrace my

negative situation and share with me that they knew my business

venture would not work because it backed up their reference of “why

even bother because nearly everyone fails”. I later realised

subconsciously they were possibly comforted by my setbacks, as it

made them feel more comfortable now that I was no longer more

successful than them. Often people who are insecure become

uncomfortable if someone is successful as it highlights to them what

they could be doing if they were more committed to their life. This often

often society wishes to pull down the successful people back to the level

of everyone else.

On the other hand, I learned that a mentor or coach is emotionally

unattached to my situation. They would look at my situation objectively

and see where my improvements lay in my life today. So when someone

comes to me with financial problems the last thing I do is feel ‘sorry for

them’. At the time they think I am too tough and that I should not be

like that. It is because I care deeply about people that I will not allow

Have you ever had an argument? Silly question. I know everyone has

had at least one argument in his or her lifetime. But what is an argument

really? What I referred to as an argument, is really only a competition for

energy. It is two people using control dramas to compete for energy with

one another. In most cases, the intimidator or interrogator usually wins,

they will get the energy and the other person will lose the energy if they

allow the intimidator or interrogator to upset them. They give away their

power to the intimidator or interrogator type personality.

I later realised if we can raise our life force energy, we will start to

feel ourselves pulling out of the negative energy surrounding us. The

energy in our environment is often pulling us down and we have to

look at how we can build up our energy. Often I found after attending

an inspiring seminar my energy level naturally increased because I was

surrounded by the group’s combined energy. But when I left that

uplifting environment and went back to my normal daily routine, that

higher energy level often dissipated. This was a major challenge for me

as it was for others.

my energy I could use that energy to uplift other people. My mentor

talked about the concept of becoming wealthy by raising your life force

energy and then you take some of that energy and help other people

raise their own. Once I understood that concept it became part of my

purpose to raise the life force energy of every person I met. Today, when

I meet a total stranger, I make the effort to uplift their energy, even if it

is as simple as giving them a smile or being warm and friendly.

Just as an experiment why not try walking along the street to

practice how your energy affects others. Walk along and in your mind

sudden they will feel better. We are truly amazing human beings. You

might be thinking, “But is not that manipulating people?” Maybe.

If we are always projecting energy, then who we are as a person is

going to affect other people. Have you ever noticed how scattered the

energy tends to be on forms of public transport like trains or buses?

There tends to be, more times than not, a dense level of energy. I do not

like travelling on public transport for this reason, because you have to

continually try and maintain your energy and not let it be affected by

the energy of fellow commuters.

Right about now, if you were like me, you may be saying, “Is this not

hokey, pokey stuff? Just show me the money!” that is what I said to my

If you have a low level of energy, what do you think happens to your

disharmony or not vibrating in harmony. In other words, there is a

the energy of a newborn baby is very pure. The baby has a pure energy

field flowing around it. What can start to happen though, is that energy

does not stay pure. As the baby grows, things happen that cause

disappointment, which causes anger and upset. In short, these

occurrences begin to take the child’s energy. When that happens an

energy leak is created. So you can imagine if there is a hole in one’s

energy field and energy starts to pour out, it starts to leak away or

disappear. As the child goes through life, there is the possibility of being

wounded or traumatised again. For instance, a teenage relationship

may end in heartbreak. The energy starts to lower and more and more

negative things start to happen.

I was fortunate enough to learn that one of the keys to avoiding these

leaks and wounds is to learn to heal ourselves. If we can resolve our

past emotional issues we can heal our wounds. This is definitely a major

part of emotional intelligence. I found that the thing that gets in the way

of a lot of people’s future is their past. If we can deal with our past

effectively and accept that we are human and we all have different

experiences, we can start to heal these wounds. Then our energy will

start to vibrate at a higher level and we will continually evolve as

human beings. Part of healing is forgiving ourselves for our mistakes

and learning to love and accept ourselves for the greatness we are.

If we do not heal these wounds, you can probably guess what they

turn into? Unfortunately, it leads to diseases such as cancer. There is so

much credible evidence now that many doctors will agree that cancer is

often simply the result of unresolved emotional issues. A lot of people

who do not deal with their issues will pay a price down the track, which

is very sad. There are very few people in our country or in this world

who simply die of old age. In other words, most people die through

disease or poor health before they need to, and that is a shocking cost.

We have a lot at stake in becoming emotionally intelligent.

I work with some amazing people who have the ability to help

people resolve their issues and they have had people with cancer whose

cancer has disappeared in a very short period of time after the issue has

been dealt with. Amazing you may say, and yes, it seems like a miracle,

but if we understand energy fields, it is not such a miracle; it is just part

of the laws of nature.

I have had people attend my seminars that have had chronic

illnesses. One lady in particular had severe back problems and she

could not sit or stand for a long period of time. During the seminar she

went through some processes where she had the opportunity to deal

with some issues from the past and let them go. A short while later she

was walking fine, by the next week she could not believe it. She said to

me, “I do not know what you did Jamie, but I have not felt like this for

20 years.” I replied, “I did not do anything. You did!” The truth is, we

all have the amazing ability to make sure our heart beats every second,

non stop, without us thinking about it, so do you think your body

would also have the ability to heal itself? It is all within us. If we start to

tap into this infinite intelligence you can see how we can do these sort

I have also looked into Reiki and other energy healing techniques,

which are continually raising my energy. It also assists me a lot in

business dealings as my perception and awareness of others is much

greater.

So let us look at how I raised my energy and was able to manifest

and draw to me the things I desired most. Firstly, we need to take a look

at some practical ideas we can implement right now to raise our energy.

Let us start with a list of things that drain our energy. Environment

can play a very big part in boosting our energy, but unfortunately it

often tends to do the opposite and drain our energy. I used to work in

an office in Sydney over eight years ago and the inside of the office was

grey. The walls were grey, the desks were grey, there was fluorescent

lighting, air-conditioning and in short, the environment was not really

uplifting.

At the time I was passionate about building my career, learning lots

of things and studying from my mentors. So, what I would do is go on

a holiday at least once every couple of months, to get away from my

working environment. Every time I would go away on a holiday I

would come back really uplifted and energised. I would go to a nice

I sat down at my desk in a slouched state, surrounded by grey walls, air

conditioning, fluorescent lighting and computers, and trying to work

and be creative, it just was not effective for me.

Obviously, if my environment was draining my energy I needed to

do something about it. One of the things I did was, instead of coming

directly into the office in the morning, I would spend an hour to two

walking along the beach first. To me, there is nothing better than

walking along the beach and listening to the sounds of the waves

crashing. Bare feet in the sand, breathing in the rich ocean air. It is like

you breathe in and you can feel the energy expanding inside. I would

sit down on the rocks by the ocean and I found this was where I could

tap into my creativity. I did not have to do anything and the ideas

would just flow to me. It was like the universe would open up and

bring me the wisdom and insight of what I needed to do on a day-today

basis to achieve my desires. I could think so clearly and

everything just started to make sense. I thought, wow, this is so

powerful and it started to change my life. I wondered why I had not

done this more often in the past. I decided to create the kind of life

that would allow me to be empowered all the time. I realised it was

as simple as pinpointing the things that drained my energy, like

sitting in an office, and eliminating them while at the same time

incorporating into my life the things that gave me energy, like

walking along the beach.

I used to live in Sydney out in the Western suburbs near

Campbelltown. I have got nothing against the Western suburbs of

Sydney, but if you know the area you may agree that it is an

environment where the energy and the mindset of some of the suburbs

are not always conducive to wealth. Unfortunately, in some areas it was

more conducive to poverty and still is. So I decided to move suburbs. I

moved to a suburb called Balmoral near Mosman, overlooking one of

the world’s most beautiful harbours and a beautiful harbour beach

which, if you know the suburb, you will be aware is much more

conducive to wealth. By living near Mosman, I was immediately

suggesting that you have to move suburbs next week? Maybe not, but

you need to identify the things that affect your energy. There were

practical things that I did that made a huge difference and if I had not

done them, then I would probably still be sitting behind a desk

frustrated with my life and not getting the results I wanted.

started on your own list:

Arguments Poor Relationships Having Money Mentors/Uplifting People

Bad Diet Stress Smiling Loving Relationships

Drugs/Alcohol Negative Environment Success Nature

Negative Emotions Cluttered Environment Knowledge/Learning Meditation/Yoga

Poor Physiology Poor Health Overcoming Challenges Sex

Lack of/too much sleep Unbalanced Lifestyle Positive Outlook Pets

Watching Television Lack of Money Lighter Colours Having Fun/ Laughing

Dysfunctional Relationships Negative People Contribution Oxygen

Boring Job Interpreting Events as Bad Music Excercise/Fitness

Lack of Exercise Low Standards Holidays Recognition/Signifigance

Once you have identified what gives you energy and what takes your

energy, you can start to put together some action steps to change your

life. This is what I call designing your life at a very basic level, yet often

difference. The question my millionaire mentor always asked me was,

“How committed are you?”

I will ask you the same question. Are you committed enough to do this

exercise right now and redesign your life?

In doing this exercise, you may have noticed that it is not just things

that can steal your energy but that some people in your life may drain

your energy as well. Once you start changing, you will find as a result

that the relationships in your life will also change. The friends you had

ten years ago for many people will no doubt have evolved and changed

to what they are today. There are possibly many people in your circle of

friends now who are in the 96% bracket, but as you evolve you will

attract more people from the 4% bracket into your life. In Section 5, I

will go into more detail about the impact that the people with whom

you associate have on your life.

By committing to raising your life force energy, the people who are

drawn into your life in the next ten years will be different to the people

currently in your life. By increasing your energy, you are going to stand

out and begin to attract leaders into your life. Leaders stand up for what

they believe in passionately and are people who usually create

successful businesses, make positive contributions to society and make

a difference. By associating with leaders, you too will become a leader

and in turn will help other people become leaders and so the process

continues. You will create a life of contribution and fulfilment.

Now, you know some ways I increased my energy in order to make

dramatic changes in my life instantly and attract the wealth I deserve.

With all this new found wealth that started flowing into my life as a

result, I came across a problem that many people encounter due to their

past financial conditioning called self sabotage. You will want to avoid

this at all cost, so next you will need to rewire your subconscious for

wealth creation, just like I had to.

The first thing you need to do in order to rewire your subconscious for

wealth creation is to answer a few simple questions about financial

pressure. When I refer to financial pressure I am not necessarily talking

about being broke and struggling. You can be wealthy and still have

financial pressure. There is no right or wrong answer, only answers

applicable to you.

For some people being completely free from financial pressure might

have been as far back as when they were at school. It could have been

when they got pocket money and had to determine whether to buy a

have been never!

Apart from happiness, what is it you think that people really want in

their life? I dare say the reason you are reading this book is because you

want a financial future that you are certain about. You want the

certainty to be able to manage money, have plenty of it and never have

to worry about not having enough of it. Anyone would want that.

Another term for that is security.

I believe that people really want to be certain that in the future they

will not have to experience pain, that instead they will have the

financial freedom to do whatever they want, whenever they want,

wherever they want, with whomever they want, and as much as they

want.

I know the quest for financial certainty drove me, because I had so

much uncertainty and so much pain in my life and I never wanted to

experience that again. So I was driven to become financially successful

to avoid that pain. Pain drove me in the beginning more than pleasure.

Pain is what drives people the most. If you have made a decision to start

changing your life, or changing your financial future, eventually it will

lead to more pleasure, but more than likely it is pain that drove you to

your initial decision to change. Subconsciously you were probably

thinking, “If I do not learn how to master money now, what will it really

cost me in the future?”

Another way to begin to rewire your subconscious mind for success

is to do, “The Meaning of Money Exercise”. This exercise determines

exactly what beliefs we have that could be holding us back from our

goals around money.

Consciously we may be thinking more money means more pleasure and

therefore more happy emotions, but subconsciously what is happening

is that most people are linking negative emotions to money.

One of my mentors, Tony Robbins, talks about the fact that humans

make decisions based on two primary factors. The first factor is to avoid

pain. Is that not true when you think of how many decisions you have

made in the past to try and avoid pain. We do not put our hand on a hot

stove because at a very young age we learn that equals pain. The second

factor is to gain pleasure.

You may say, “Jamie, that is so simplistic!” but when we look at most

of our decisions in life you can see that it is true. For example, why do

women wear makeup? Some say they wear makeup because it gives

them pleasure and they really enjoy it. Others may say, “I do not put it

on for pleasure, it is a damn pain! I hate having to do it every morning,

but I do it to avoid the pain of what people will say if they see me

without it on.” (No offence ladies.)

money and get excited and start doing things to be financially

successful, we will start to move forward. At the same time, if we are

still linking pain to money subconsciously, as soon as we start to see

some success, we will end up self-sabotaging it.

This is exactly what happened to me. I would start to move two

steps forward and then for some unknown reason I would start being

slack, not doing things properly and end up taking three steps back. I

could not figure it out.

they will lose it, they will be successful. Usually by the time they make

it back again a few times, they will have figured it out and so they

remain successful. Once I understood human psychology and knew

that subconsciously I was linking painful emotions to money and that

my subconscious mind was not wired for success, I could do something

about it.

Logically, we know we should save 10% of our income. However, we

do not tend to make decisions based on logic, rather we make decisions

based on our emotions. Unless we understand what is going on and

have this working in our favour, then success can be very elusive. Often,

we know what we should do, but we are not doing it.

financial success. It takes about 20 to 30 minutes and you will need to

do it with a friend or your partner. What we want to do is rewire the

subconscious mind. I had to rewire my subconscious to link pleasure to

making more money. If I could do that, then I would be automatically

driven on autopilot to financial success. However, if I did not change,

then it would not matter what investment opportunities I came across,

I would keep self-sabotaging my success.

How do you know if you are wired like that? If you are like most

people you probably will be wired that way because that is how society

conditions us. Now you can see the importance of the exercise and it is

a simple process to ensure our nervous system is very clear that more

wealth will equal more pleasure.

This exercise is designed to go beyond the conscious mind to access

the subconscious files we link to money. When you first begin you will

more than likely only be answering from your conscious mind, which

will give you automatic conscious answers. Eventually, you will

exhaust all your conscious answers and begin to call on the files of the

subconscious mind. This will be evident from small changes in your

physiology. Your eyes will lower and this is a sign you are more in touch

with your emotions. Then your brain will begin searching past

subconscious files, and past memories will come to consciousness.

An example may be that perhaps as a young kid your parents may

have fought over money and you felt stressed about that. Or perhaps, if

your father always had to go away for work, this caused you to

associate negative emotions with money because he could not be home

with your family. As an adult, consciously you can justify it, but

subconsciously you may still be upset about it and link the pain to

money — when it was actually the lack of money that caused your

father to have gone away.

You will be amazed at what may start to come up. Even later, after

the exercise is over, maybe even a week from now, your brain will keep

coming up with files and you will start to recall memories that you have

attached to money. Then you can start to understand what is really

going on in your subconscious. It will give you the chance to look at it

differently and move on. The benefits of this are enormous because you

will then be on autopilot to financial success.

Get your partner to ask you these three questions. As you answer the

questions, get your partner to write down your replies. Your partner

will need to keep asking each question until your answers have been

completely exhausted in each area. Push beyond the automatic answers

so that you discover the deeper associations and emotional impacts of

money in your life. Ask the question at least 20 times until the answers

are completely exhausted, then switch to the second question for

20 times, and then the third question.

1. What is money?

2. What is not having money?

3. What is money, really?

Remember though, it is not really the answer we are looking for, it is the

memory associated with your answers.

Quality Feelings of scarcity Amplifier

Gratitude Being controlled by rules Energy

Nothing but pieces of paper Less choice, quality Turbo charged

Lifestyle Inability to give Only what we have decided

Commitment Arguments Most powerful influencer of

Ability to give Hurt pain/pleasure

Access to resources Loss of relationship Choice to live life at highest level

Ability to leverage time Stupid Powerful tool for magnifying impact

Entertainment Not making a difference A tool that can open doors

Freedom from drudgery Frustration Leverage

Gift from God for being a giver Pain Opportunity for people