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From Doubt to Impact: Money and Business Mindset Tips for Purpose-Driven Success
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Learn from self-made entrepreneur and financial strategist Whitney Hammond about mindset, mission, and money. Whitney shares the powerful beliefs and habits that helped her build multiple businesses, create generational wealth, and give back in deeply meaningful ways. From shutting out naysayers to embracing creativity and consistency, Whitney offers wisdom for anyone navigating the ups and downs of entrepreneurship—especially women looking to grow with purpose. Whether you're just starting or recalibrating your business journey, this episode is a masterclass in aligning your financial goals with your values.
Whitney Hammond, owner of Sovereign Wealth Management, has been in personal practice for over 28 years. Whitney is a recognized leader in the Canadian financial planning field and a frequent speaker at events focusing on estate planning.
With exceptional knowledge in wealth accumulation and preservation, Whitney coaches clients to build solid financial plans which include tax and estate plans, testamentary trusts, tax sheltered growth plans and, for business owners, comprehensive succession plans and exit strategies. Her expertise in wealth management, and focus on delivering effective programs has allowed her to build trusting, inter-generational relationships with her clients.
You can learn more about Whitney here:
https://www.wallettowealth.ca/
You can learn more about the Mission Driven Wealth 1 day workshop with Whitney Hammond and Robbie Spier Miller here:
https://www.hypnosistrainingcanada.com/business#money
We are getting many requests these days for help with managing stress and navigating all of the change happening around us. So, we are offering free Stress Management workshops, both in person at our training facility in Burlington, Ontario Canada, and online via Zoom. Learn more and register here: https://www.hypnosistrainingcanada.com/stress-management-workshop
Learn more about how Robbie Spier Miller’s coaching, training, consulting and speaking opportunities can help you enhance your personal and business performance here:
https://www.hypnosistrainingcanada.com
https://www.mindlinkconsulting.com
Social Media Handles:
@hypnosistrainingcanada
@robbiespiermiller
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Transcript
Introduction to The Habit of Possibility
00:00:00
Speaker
but I never stopped moving forward. That's it. I had the burning desires. happened It was like, I don't care what you guys are saying, the universe, the world, the naysayers, whatever, but it's a lot it's a lot easier to live your life achieving the goals that you set for yourself.
Free Stress Management Workshops
00:00:23
Speaker
Welcome to the Habit of Possibility podcast, the show about turning obstacles into opportunities. I'm your host, Robby Spear-Miller. Today, Whitney Hammond, CEO of Sovereign Wealth Management and founder of From Wallet to Wealth is joining me.
00:00:38
Speaker
Together, we will explore the mindset that helps people create more impact in business, wealth and life. Now, before we begin, we have a special announcement. We've been having many requests these days for help with managing stress and navigating all the change happening around us.
00:00:55
Speaker
So we're offering free one hour stress management workshops, both in person at our training facility in Burlington, Ontario, Canada, and online via Zoom.
00:01:05
Speaker
Check the link in the show description for more info and to register. Now let's get started with the show.
Guest Introduction: Whitney Hammond
00:01:14
Speaker
Hello, this is Robbie Spear-Miller, your host for the Habit of Possibility podcast. And today I'm welcoming Whitney Hemond. And she is somebody who's a self-made woman. She's made all kinds of amazing things happen, both in business and to give, to give back to the community and in her personal life as well.
00:01:32
Speaker
And so the the theme that I want to talk about today is is what mindset or what way of interacting with life, Whitney, do you have that helps you create all the incredible accomplishments and contributions that you've created?
00:01:47
Speaker
So welcome, Whitney.
Success Mindset and Strategy
00:01:49
Speaker
Thank you, Robbie. You know, sometimes I wonder if I'm just the steward, you know, where I get tapped on the shoulder to do something and and then I have to go ahead and and do it.
00:02:00
Speaker
um you know it's i don't count up the things that I've done in my life, but when you and I speak and you mention about how I do make things happen, you're right, I do. um And I guess what it is is that I focus on the outcome. So I keep the outcome in mind.
00:02:18
Speaker
And it's exactly what I did when I was raising my daughters. I and would tell them if you always have the outcome at the end of your game, whatever it is that you're doing, um that'll really keep you on track. And what it does is it shuts out the noise because there always is going to there's always going to be noise, whether it's, um you know, friends or family or news. ah There's just you know, stuff that will, you know, try to come and block, you you know, what it is that you're trying to do. but So I just keep the the mindset
Robbie's Entrepreneurial Journey
00:02:50
Speaker
of, um you know, i'm I'm here to serve, I'm here to provide, um it depending on what I'm doing, like, you know, when you were talking about Wallet to Wealth, like, that was, you know, building a community of women.
00:03:02
Speaker
And so it's not like I sit down and say, I'm going to be super successful at this. But what I do is I sit down and I create the vision of of what I want to see happen and then I get going.
00:03:15
Speaker
Yes. Yeah, and I think a lot of people ah we really benefit from learning more about how exactly you do that because many people have visions and they want to create things and they get stuck.
00:03:30
Speaker
And Whitney, I remember when I was younger, um in my 20s, after I graduated university, and I was trying to figure out what to do with my life. I did have some business ideas that I wanted to start. Like one of them was to create one of those, I'm a foodie, right? So I wanted to create like a food product that they'd sell at the supermarket.
00:03:49
Speaker
And I went to meet with this this, it was like an organization that helped people start businesses to share my ideas and get their advice. And they totally discouraged me from doing it. They said, oh, that sounds like a really tough industry. And you know at the age of 22, even I'd have failed, I would have learned so many important lessons from that project.
00:04:10
Speaker
It would have been better than the alternative, which is me going and typing medical transcription letters for doctors. So, um you know, I think that in me, you know, you and I have known each other for a number of years now. And I really admired that from a very young age, you just decided what you wanted. And you didn't care what anybody else thought about it. You just went and did
Mindset's Role in Entrepreneurship
00:04:32
Speaker
it.
00:04:32
Speaker
And I'll say that when I finally built my business as a hypnotist. At that point, i I was ready to do that too. But it took me a number of years of having other experiences and being disappointed to have the drive and the conviction to do that. Because when I started my business, you know, people would say to me, oh, really, people people will pay you for hypnosis? Yeah.
00:04:55
Speaker
That's what they used to say to me because I come from a very traditional background, conventional, professional, like doctors and lawyers and accountants and people like that. And so it was very out of the realm of their life experience.
00:05:07
Speaker
um So it really it took me a number of ah situations where I allowed other people to influence me that way negatively. to finally really go for it and block out the noise that you were talking about. So yeah, so I think a lot of people sometimes even do it to themselves. Like, let's say they start doing something and and at the beginning they don't have success, which is normal when you don't success right away.
00:05:33
Speaker
Sometimes people get discouraged and they second guess themselves or where the people who have been the doubters, those voices become stronger for them and they don't follow through.
00:05:44
Speaker
can fiction to keep going is a big deal. Yeah, that so the entrepreneur, so just two things I want to say there, like, first of all, I'm really glad that you do offer the service that you offer, and that you continued to be main stage, like, you like me, you know, I, I, if I followed, guess what my family thought I should be, but should be doing, um you know, being a woman in the financial services space.
00:06:17
Speaker
um We have a few today, but when I started 30 years ago, it it was extremely rare. um So I'm really glad that you do offer this service because you help so many people because everything honestly is about mindset.
00:06:32
Speaker
And so when you're doing your hypnosis, um it's it's the
Resilience in Entrepreneurship
00:06:36
Speaker
mindset piece. So it's so cool that you're you're doing this and you're super talented at it. The other thing I was going to say is um entrepreneurship is not for the meek.
00:06:45
Speaker
So, you know, there's there you know those people that keep fighting, you know, I'm going to make this happen. And um and so when you're an entrepreneur, you have to kind of question yourself because I've heard people like, Oh, I've been working at this company for 30 years and I think I might want to be an entrepreneur.
00:07:02
Speaker
And so um the best thing to do is to maybe talk to a couple of entrepreneurs and see what their life is like. Right. So I have this saying, stole it from somebody probably, I don't know, 50 years ago, who knows, but it's called Pundi hunt. And i I don't even know if it's a proper vocabulary, but, but I Pundi hunt, like I,
00:07:25
Speaker
I am a hunter and I love hunting and I love marketing and I love meeting new people and, and I'm here to serve. So this is the mindset that I have.
00:07:39
Speaker
So when I get up every day, um I'm, I, I punt the hunt, right? Like, so I'm not like getting a paycheck every Friday and, you know, living that stable life. Right. It's like, I had to create a state stability within the environment that I was working in. Right. Because when you're an entrepreneur,
00:07:57
Speaker
There's that saying, it can be feast or famine. And to learn how, now I learned how to weigh a way to not get into that that roller coaster. And we can talk about it if you want to, um but it is something that I do teach entrepreneurs.
00:08:11
Speaker
um and And the skill that it that I've developed, what it does is it stops that roller coaster because when you get on that roller coaster, um there could be days you're like, oh, I don't feel like doing this or, you know, this will never work. And my mom was right. She, you know, and so all that stuff starts coming into your head versus um eradicating that so that it it doesn't happen. Because mindset when you are an entrepreneur is everything.
00:08:40
Speaker
It's everything. Because if you just don't feel like going to work one day as an entrepreneur, you can either push through it Or you can just step away for a day and say, you know what, I'm just going to start off all over again tomorrow when i when I get rid of this crappy you know mindset that I have today. so And that's why what you're doing is so incredibly ah important because you teach golfers how to
Achieving Goals with Desire and Action
00:09:08
Speaker
golf better. You teach people how to you know build teams or your call in teams. So
00:09:14
Speaker
You just teach so much and that and that's the that's that's so much more than service of giving medication to people. but Yeah.
00:09:26
Speaker
You know, it's after the fact. Oh, okay, everything sucks. So here, take these pills versus they're working with you and you're creating a ah very healthy environment, which then encouraged more healthy and more healthy and more growth. Yeah.
00:09:40
Speaker
Yeah, I think being an entrepreneur, it you have to mature and grow through the the nonsense that we all have. um And I think implied in what you're saying is that you actually know that it's about mindset, whereas other people don't realize that they think there's something real going on in the world around them or that the the doubters are right.
00:10:03
Speaker
So that we all, our moods all change from day to day. It's normal, right? We have hormonal changes. various things are going on in our lives. So, so many things impact our mood or how we look at things and you're able to see that that's all it is.
00:10:18
Speaker
Whereas other people believe there's actually some, ah like they doubt the business itself or whether or not they should do it or they doubt themselves. And I think that's a really, that's a really important distinction because if you realize it's just, you know, you're made that day, you, you can push through it. You can take a break and start again the next day, but you're not giving up. You're just acknowledging what's happening and and kind of refocusing yourself.
Mission-Driven Focus
00:10:44
Speaker
Yes. Yes. think I just, I want to piggyback into what, what you said there. So, um, two things, um, One is decision. So if when making a decision in life about anything, um make the decision and then move forward. Don't don't second guess.
00:11:03
Speaker
Should I shouldn't I blah, blah, blah, blah. blah Right. Because what you decide to do is exactly what's going to happen. Right. Right. change your mind and say hey i i don't want to do this anymore that's fine that's another decision okay so one is making a decision the other is you talked about you know how i just continue to plow through stuff and there's a secret to that and what it is is having a burning desire so my burning desire started when i was you know probably two years old i was a little kid and and i i remember my thinking back then and my desire was so intense
00:11:39
Speaker
and it's still so intense that I just keep marching forward no matter what happens. And if if whoever is listening to this podcast today, tomorrow, or 20 years from now, if you have a burning desire to do something, then that something is going to happen and just allow it to happen because nothing nothing will happen without like, if you don't have that burning desire. So for example, if you have a burning desire to, um, ah you know, maybe attract a good relationship, that seems to be an issue that a lot of people have. Right. So then if you question it, well, you know, this, and I had that happen and you know, you start going down that path.
00:12:27
Speaker
The problem is, is that you've stopped the decision. The decision is I want to attract a healthy person. Um, for me, when I was very young, I made a decision. that I wanted to be very wealthy.
00:12:40
Speaker
um I didn't just want to make a lot of money and blah, blah, blah, and, you know, be able to buy things because that's definitely not my personality. My personality was to to develop significant wealth
Challenges of Entrepreneurship
00:12:52
Speaker
so I could serve at ah at a different level.
00:12:55
Speaker
And I also wanted to build significant wealth so I could shut out the naysayers because I watched that from a very young age. I've, I've, I've observed, you know, people, their personalities. So I saw that a very young age and I just didn't want that for myself. Right.
00:13:13
Speaker
And so, um, so that just, that just came to be, and it doesn't mean that I didn't have difficulty in my life because I did and we all, but I never stopped moving forward.
00:13:27
Speaker
That's it. I had the burning desires. but Yeah, but happened it was like, I don't care what you guys are saying, the universe, the world, the naysayers, whatever, this is where I'm going.
00:13:39
Speaker
And, um you know, if you want to come on the ride with me, come on along. And if you don't, don't, but it's a lot, it's a lot easier to live your life Achieving the goals that you set for yourself. And that's the calling out, right? You you set a goal and you you call out, you make a decision. This is what I want to do.
00:13:59
Speaker
And all of that backsliding, those negative things, I've had those, um many of them, and I just keep keep moving forward. And and i mean, especially to the industry that I'm in, I mean,
00:14:12
Speaker
I would have started this this business 10 years sooner, except my dad told me over and over again that, no, I i couldn't do it. And here's the reasons why. And it was because I was a female. like ah Like, no, females don't do this.
00:14:28
Speaker
And, you know, yeah I wish that more females would come. into this industry. I really do. Yeah. Yeah. And so, right. And so that's where your burning desire stemmed from. And, you know I used to work in the corporate world. I was an employee and I worked so for i've worked for nonprofit government and for-profit businesses, ah established businesses, consulting companies.
00:14:53
Speaker
And, um, at that time i didn't have the same kind of passion for my work as I do now. It's like, I didn't know what my mission was yet and maybe I wasn't ready for it yet. But as soon as I was like, i work way more now than I did then.
00:15:12
Speaker
and but I love it. And I'm, and I do so like, quality work and it doesn't feel like work for that reason, but it's the desire that pulls you. Because for example, I don't love getting my taxes done, right? But it's part of the whole picture of of being on the mission to help people.
00:15:33
Speaker
So I'll get it done for that reason. And so there's an embracing of the whole. i think a lot of people get stuck in what we call here, we call it top dog, underdog thinking. And a man named Fritz Perls identified that. He was like a gestalt therapist and he said, you know, if you say, there's a part of me that wants to build this business and there's a part of me that doubts if I can, that's top dog, underdog thinking.
00:15:58
Speaker
where we have one foot in the boat and one foot on the dock. And and people, you don't win when you look at things that way. You have have both feet in the boat. You need to make one decision, just like you were describing, Whitney, and move forward it with it. And I think when you're emotionally connected to that mission, whatever it is, because it could be all kinds of things,
00:16:19
Speaker
Sometimes, you know, for me, my mission is helping people live better lives and contribute more. In the same way, you actually have a similar mission to me, but the way you do it is very different from the way I do it, right? But I think at a high level, we actually have a similar mission.
00:16:35
Speaker
And regardless of what you do for work, it could be direct or indirect. If you know why you're there, then ah it's so much easier to follow through, to have the energy and the engagement with what you're doing to make it really count.
00:16:51
Speaker
So that's what I found. Yeah.
Handling Rejection and Service Mindset
00:16:54
Speaker
And in time, i think it's really important for people to know people that may not have started their entrepreneurial journey or,
00:17:02
Speaker
they're in it, but there, you know, there is struggles is to know that, um, with time, what happens is you become so good at what you do.
00:17:16
Speaker
Imagine being 80 years old, right. And you're still working full-time Robbie, you are going to be so good at what you're doing. And you already are. Cause I watch how you interact with people.
00:17:28
Speaker
And you're like, I can help you with that. I can help you with that. And so people just come to Robbie because it's like she can help them with that. And it's such a, so it's, so the point is, it's not a hard sell.
00:17:39
Speaker
So a lot of people feel like, oh, I got to get this done. And I got to make all these sales and I got to knock on doors and I got to, got to, got to. And then as time goes on and you start to trust yourself in the process, you're like,
00:17:51
Speaker
hey, I've got a really good service here. So jump into your zone of genius. Creativity is the most important thing. So if you think back to when you were little,
00:18:02
Speaker
And I had such a creative genius mind. It was my mother used to tell me, it's like, where's this coming from? And see, now I have grandchildren and I just love their little minds, right? Like they just have, I mean, my grandchildren think that my dogs are people, that they that they talk and, you know, and it and it but that's that's the imaginative little world that they live in.
00:18:26
Speaker
So it's important that, if you're thinking about, hey, I really want to grow my business or start a business or change a business, whatever it is, the most important thing is to get into into the creativity side of yourself and start to imagine um what what I'm doing, what who I'm serving, um how I'm making changes in people's lives. And if you keep Keep your your center focus on the other person.
00:18:54
Speaker
Yes, we want to have a good business. Yes, we want to make lots of money. Yes, there's a whole bunch of things that that we want to do. But those things will always come through service.
00:19:06
Speaker
That's the world that we live in today. So it's not about um filling our own coffer. It's about filling that of the person that you're you're working with.
00:19:17
Speaker
and the secondary the money part the fairy dust it just comes it goes it comes and goes you know what i mean it's like we give it away we make donations we support charities we put money aside for our retirement we invest money like we do stuff with that money so that's another thing like know what i mean it's another thing it's it's not our business like robbie i know that you're you're doing your business because you love doing your business. Secondary, you get paid.
00:19:48
Speaker
Yes. But you do it for free. You know, if we didn't have to have this fairy desk, you'd do it for free. So would I. But you know what? We live in a we live in a capital society and we do need to get paid.
00:20:01
Speaker
And the more i think that we call in, the more we actually give away. Yeah. Yeah. So is there more to your secret with dealing with the ups and downs of entrepreneurship?
Financial Discipline for Entrepreneurs
00:20:14
Speaker
Well, okay. So I remember my dad saying to me when I finally when I did start this business, and he said, um how are you going to handle rejection? And I was like, I'd I don't understand that question.
00:20:28
Speaker
And so it kind of spun around and like that was 30 years ago. And i I still think of it today. I'm like, what did he mean by that? And I came to realize that I'm not sure if it's a gender thing, like ah if men are more sensitive to rejection, but I've never i've never experienced that in my life.
00:20:47
Speaker
Now, does that mean I close every deal that I'm working on? No, but but I don't take it as rejection. because that's a selfish behavior, right?
00:20:59
Speaker
If I want to help you, Robbie, and you're deciding you're going to work with somebody else, I i did what I came to do. I came to help you. It was about you. it what and it wasn't about me. So that's one thing is that I'm here i'm here to serve and um and anybody in business, you're here to serve. So just connect with the with the the like-minded people that you want to work with.
00:21:24
Speaker
The other thing, that I think is super important. I love incorporation. It's another tax form. Not everybody can incorporate, but if you can, there's some really good tax benefits as to why you would want to do that. The wealth in Canada is sitting in small businesses. So the thing that I did at a very young age was that I decided to have the money the pay go into the corporation, whatever amount of money that was.
00:21:53
Speaker
And when I started 30 years ago, I gave myself a $400 a week paycheck. That's it. And I let the money build up in the company and I just kept that discipline.
00:22:07
Speaker
And so as years went by, i didn't matter what. um Now I've got six companies, what what's going on in them. I still just take the same paycheck. So that way there' there's no peaks and valleys or anything going on in my world because my pay is the same every month.
00:22:27
Speaker
And so so you really what you're describing is that you are separate from the business. You're not when people see themselves as one with the business, then rejection feels personal because they think it's about them.
00:22:40
Speaker
And they also get very touchy about the money and they might spend money when it's really the business's money. They might spend it on personal things. So I think that's a really healthy way to look at it. Like it's the, the it's the corporation's money or the business's money.
00:22:56
Speaker
and you get your paycheck and you live within the means of your paycheck instead of imagining that all the money that comes into the corporation is yours so then if something happens which it does there are ups and downs in the world you're from a position of strength you have deep pockets you can tolerate the ups and downs for sure like if there's economical changes but you know i think that one thing to think about is money hungry versus asset hungry. So you can always smell it, you know, when someone is desperate for money, right? And those those those can be the, I mean, some of those people can do well or or they might be falling on their face, not an understanding well why, but I've always been asset hungry.
00:23:42
Speaker
So um I've been able to build money in corporations. I'm not money hungry where I want to I don't know, go out and do a shopping spree or I just, I, I'm just not constructed constructed that way.
00:23:57
Speaker
um I'm more about investing the money that i you know, giveaway is um I like giving money to charity.
Wealth for Philanthropy
00:24:05
Speaker
And so my one big goal is I'd like to have a, like, ah and I know I'll do this and then i' after that I'll make it bigger, but I want to have a hundred million dollars in assets asset and like I want to be able to give at ah at a higher level. So I feel that the more wealth I establish, the more I'm going to be able to to serve others. And um it's in that, it's in that
00:24:34
Speaker
you know, it's up at the, like, we have a triangle, right? So the bottom of the triangle is, we're all just taking care of ourselves. That's the the beginning, right? We're broken, we're starting, and we're taking care of ourselves. And as we go up to the triangle, we get to the pinnacle, and which is the the giving giving into the into the community. And when we look at the incredible things that have been done in North America and I'm, I'm sure other countries, but North America for sure is the creativity of the, um, you know, the C-suite senior executives or the very successful business owners where they've got that incredible ah creativity where they can come up with these really cool ideas. So it's not so much about here, here's a check.
00:25:20
Speaker
Like for example, um, I remember this was like probably more than 10 years ago. One of my clients was saying, you know, I'm going to give this amount of money to the hospital. Um, and it was a large sum and they wanted to get an mr MRI machine in there. So they attach, you know, what, what they wanted.
00:25:38
Speaker
And it was, I'm giving this money to purchase a MRI, MRI machine that will run for 24 hours a day. And I thought that was really cool because, uh, a couple weeks ago I had an appointment at Sunnybrook to get a CT scan on my, um, uh,
00:25:55
Speaker
my tailbone because i I fell down the stairs and I i broke my tailbone. And so my appointment, Robbie was on Sunday at ah at a strange time. So I was in there and I'm like, okay, I'm getting my tailbone done on ah on a on a Sunday.
00:26:10
Speaker
And she said, that's what donation does. Somebody donated the machine and asked for it to run 24 hours a day, seven days a week. And so that That touches so many lives. I don't know how much that machine costs.
00:26:27
Speaker
Pretend it costs a million dollars, right? but So if I gave $1 million dollars to do something like that, right? Like imagine all the like the lives that I touch for as long as that machine is in existence, where it could be that a government organization They just, they can't do it that way. Or if there's red tape where we're like, hey, there's no red tape when I write you a check.
Openness to Ideas and Proactivity
00:26:51
Speaker
Cause when I write a check, I get to say. Yeah. Yeah. You what? It's a lot nicer living this way than the alternative. Right? So honestly, the mind the mindset, the creativity of what somebody can call into their life over and over and over and it never it never ends.
00:27:11
Speaker
um is getting getting that healthy mindset, hanging around with people who have a healthy mindset and reduce your time with the naysayers and perhaps um don't try to prove your point.
00:27:27
Speaker
Right? Like I, um and it's a lot of times with parents, right? Don't don't try to prove your point with your parent. Just let it be. let let They're from a different generation. It's the same as when I talk to my kids. They probably think I'm out to lunch. so Yeah, well, I love that because you see how it if you have access to resources, money is one, right? Money, talents, other resources, connections with people, it gives you leverage to influence the world in ways you couldn't if you didn't have those resources.
00:28:00
Speaker
And so valuing accumulating resources for that purpose does change the world, right, when people use it positively in that way. And so I think that that's a really wonderful way of looking at things because when I come across a lot of people who they they have certain beliefs about money that are really negative, like they don't want to have money or they think people who have money did something evil to get it or they think they don't deserve it. And all of that is about them. It's not about if they had this money, what could they do in the world?
00:28:34
Speaker
And when I used to work, my very first career was in the nonprofit sector. I was a an environmental and social justice justice activist before it was sexy in the in the early to mid 90s.
00:28:47
Speaker
and And my my dream job at that time was actually to be somebody who worked at a big foundation and shows where the money went. Because I thought if I did that, I could influence the world in really positive ways.
00:29:01
Speaker
i I agree with you that being an entrepreneur and having resources is an even better way to do that because even in foundations, there's lots of red tape so it the more freedom you have and the less rules there are as long as we're ethical people and we're in the bounds of the law, the more innovation there can be. i love your example of the 24-hour MRI that saves lives and stress and right it does so many amazing things.
00:29:29
Speaker
And, you know, the the like the powers that be usually don't come up with that solution or they can't implement it because they're they're bound by a system.
00:29:39
Speaker
so there's in And they have they have a different. mindset, right? So that's just a different thing. But I wanted to just jump in here and share about, again, and another mindset thing. So ideas come from above, right, Robbie?
00:29:54
Speaker
they think They come, right? So our creativity, you know, that's that's how I explain it. Where'd you come up with this idea? I don't know, it it fell from above. So there's people that catch ideas.
00:30:08
Speaker
And then there's people who poo poo ideas, right? So i'm I'm a catcher of the ideas. So let's just say the idea dude and the money dude, whoever that is, is coming along and says, okay, I got this idea and I got a pile of money and and I get tapped on the shoulder and I say, well, that's a really stupid idea. And who the hell would want to do that anyways? And no, i'm I can't like that. No, I'm not doing that. Like get lost. Right?
00:30:37
Speaker
So then... The dude goes along to the next person and and that person says, oh man, ah yeah, that's a cool idea. Like I'm taking that idea and and I'm running with it. So that this is that's the mindset.
00:30:51
Speaker
and And so if people can develop that mindset to say, hey, is it really that simple? you know Why is he so rich? Why did he get all the money? Oh, because you know what?
00:31:02
Speaker
When opportunity knocked on his shoulder, he was like, yeah, bring it in. Right. I'll do it. No problem. If I if there's not enough of me, I'll just get a team around me to help implement it. Because there's people lining up all day long to do different things, whether it's volunteer, or whether they want to come and work with you. And we've had conversations about that about, you know, building wallet to wealth and which which is a non for profit just to allow women to have space to, you know, to to be with one another and to have speakers teach them new ideas or whatever's going
Staying Mission-Focused
00:31:37
Speaker
on. So again, we get into that environment where the energy is like, well, this is a great room to drop some ideas and some fairy dust money, so we have to do it, right?
00:31:49
Speaker
And I think when a mission drives you, then people join you on it because they they go, wow, I believe in that mission too. And so there are lots of people who want to help.
00:32:00
Speaker
So I think there's a lot of positive energy flowing in the same direction when we're mission focused. Yeah. Yeah. Yeah. It was awesome.
00:32:11
Speaker
Yeah. And so and so it's it's just really knowing that there is you know this energy of thoughts, there's energy of movement, there's energy of money. they Think about it, if if if you don't believe this, tell me how you feel when you sit down beside somebody who just is complaining all the time, right? And like, particularly like with this election, Robbie, I disconnected. Like, I think, how did I get even connected to some of these people? I don't even know them.
00:32:49
Speaker
So it's almost like, did Facebook connect me with people that I never, whatever. So I just took out a whole bunch of people and and I don't need to be friends with that because I don't, I don't need to hear the negativity of someone else's mind. I'm not,
00:33:04
Speaker
interested. In my mind, I live in the greatest country in the world. That's how I think. Whether it's true or not, I was raised that way. I'm like you. i um my My parents weren't born in Canada, right?
00:33:19
Speaker
So when they came to Canada, they were the land of opportunity, right? And that's how I was raised. And never to bad mouth where you come from. So I don't know any better. That's all I know. And it's been a pretty good life.
00:33:34
Speaker
Yeah. And, you know, no matter where people live in the world, i believe a really useful way to do this, no matter where you live, no matter what your life circumstances are or your abilities are, if you appreciate all the gifts you have and you're willing to be on your mission, you can make all kinds of things happen.
00:33:53
Speaker
um You know, being the ideas person isn't enough. You have to be the one who puts it into action because tons of people have ideas. Yes. There's, you know, the people, there are all kinds of people make things happen. You need to decide you're one of them and follow through. And I think that consistency of focus on mission and being willing to know Like if you put a destination in your GPS and along the way there's a speed bump, you don't say, oh well, I guess I'm not meant to go to that destination, right? Or there's a detour, there's traffic or whatever.
00:34:26
Speaker
You find a way to get there. And so I think that's a really good metaphor for how to look at this in a useful way that you're deciding to go somewhere. And there'll be ups and downs and there'll be roadblocks along the way and you find a way to get there.
00:34:41
Speaker
um So you it's deciding that you're going to be that person. And that's super important what you just said, because I've heard people make the comments like, well, you know, maybe it's not my destiny. And, you know, yeah you know and it's like, yeah maybe this is a sign that that I'm not meant to
Financial Habits and Giving Back
00:34:59
Speaker
do this. And it's just beautiful.
00:35:00
Speaker
talking right there looking for an excuse get off the superstition get off the superstition when you look at the the you know the principles in in life and and the habits that we build um so yeah superstition is not on that list so for example um if you decide to do something like for example i'm moving houses and Robbie, I've had all sorts of mud coming at me that like, this is not a smooth deal.
00:35:29
Speaker
and And so if I was superstitious, which I'm not, but if I was, I could say, oh, well, maybe this wasn't meant to be. And it's like, you know what? It's meant to be.
00:35:41
Speaker
Because I decided it to be. OK, that's that's it. Every single thing in our life is because we decided it to be right. So so it's make a decision, move forward.
00:35:54
Speaker
A couple things I just wanted to share here, just a little bit off topic. But since since since we're talking about a money mindset. um There's there's habits and and there's ways to make money. So there's three ways to make money that I that I want to share.
00:36:09
Speaker
So if you're looking for the highest um income that you can make in a job is sales. That's that's the high end in North America is built on on sales. So you're you're selling something, you're selling a service, you're selling yourself, you're selling a ah widget. um So there's the number one way of making money is time for money. So you go to work and you get an hourly wage and the only way to change that equation is you have your hourly wage changed or you work more hours.
00:36:45
Speaker
So it's important to know when you look at these principles which one you're falling into and is this the one that you want to be into. The next one is money for money.
00:36:56
Speaker
So money for money is when your money is making you money. And so I remember when I was um a ah child and I was, you know, dreaming up everything that I wanted in my life.
00:37:07
Speaker
um I remember saying, I just want to make money when I'm sleeping. Like I want to make money when I'm awake and working, but I also want to make money when I'm not sleeping. And so I i figured that out. And that's, you know, that's how I, that's part of my business.
00:37:24
Speaker
And then the the third one is multiple sources of income. So for people who want to, you know, establish a lot of wealth to look at call in ways to to make more money um from multiple sources. So, for example, um let's just say we use a massage therapist. Well, you know, I'm doing massages. I charge, you know, a hundred dollars or whatever for a massage. So this is how much money I can make. Right.
00:37:47
Speaker
So but I want to make more money. So why don't we have a multiple source of maybe I'm going to sell some oils or maybe I'm going to sell some bath salts. So we start adding things. So that's that's a ah multiple source way of bringing money in.
00:38:02
Speaker
Habits. So four the four habits of people who become financially successful. And it truly, truly, truly is habits. So look at what your habits are.
00:38:14
Speaker
The first one is increasing their income. So they're focused on making more money. They're not focused on I'm just going to do this. They're always focused on increasing their income.
00:38:25
Speaker
The second one is they invest. They invest on a regular basis. So I started doing that when I was a child, investing on a regular basis. So I developed this habit. at a very young age and and taught my children the same thing. So no matter what stage of life you're at, if you're like, oh, i just can't make ends meet, start putting even 25 bucks away into a different bank account. Or I know they have these online services now that you can you can invest in.
00:38:52
Speaker
But do something to get the energy of of money money moving. the The third one is tithing. So um that is giving away to your community so that it's not all about yourself.
00:39:05
Speaker
And the fourth one is the successful people do is they reduce debt. So pay your taxes, pay your gf GST. And I know you mentioned that a little bit earlier is when you get the money, you're just going all in spending. And it's like, no.
00:39:20
Speaker
you've got to You have to put these habits into place. So doing without, hey, you know what? I bought my first house when I was 20 years old because I learned how to do without. i took I did a little project on myself and I took one year of working and I saved every single penny I made except for 20 bucks a month, which got me around transportation wise and and and food. but I was living pretty poor back then.
00:39:48
Speaker
But you know what? I had a higher idea, which was I wanted to buy my first property because I knew that this was this was one of the ways that I could make money in my life, which get get your first home, get your second home, get your third home.
00:40:03
Speaker
So there are ways of building this wealth. But sorry to let you know, it's by habit. And people who have a good mindset will create these habits so that they can call into their life what they want instead of feeling out of control and saying, well, you know, it all blew up in a marriage or this went sour or blah, blah, blah.
00:40:27
Speaker
And I'm not trying to put people down because I've had lots of hard knocks myself too, but I just get back up punching. And I'm not, I don't, I'm, you know, I'm not looking to call anything negative in, into my life.
00:40:41
Speaker
um I just deal with life
Personal Growth and Mission Impact
00:40:43
Speaker
on life's terms. When stuff happens, got to know what to do. Keep moving forward. Yeah. Well, you still know that your bigger picture mission matters even more. Every time you have a challenge, your freedom of choice, because you have access to resources, matters even more with every challenge you have.
00:41:03
Speaker
So you're using it as evidence to be on your mission even more. Would you say that's true? Yeah. and you And you know what, too, Robbie? I don't even know what my ultimate um mission is yet. Do you know that? Because every time I'm like, okay, I'm on this mission and like everything just keeps building. And then people come into this vortex and then and then we're we're serving on so many different levels.
00:41:31
Speaker
And it's it's just spreading into the success of other human beings where they're waking up to realize like, oh my gosh i never knew that i could do this something that i was longing for so badly in my life and a lot of times people are longing for financial stability so keep calling that in right you know set it as a goal that all of my decisions everything i see i'm going to see financial security so in the world that i live in robbie and it might be the same world that you live in i only see people
00:42:07
Speaker
with financial stability. So that could be the wolves pulled over my eyes, but it happens to be the world I live in. I also have boxers. Before I started buying boxer dogs, I never saw them anywhere.
00:42:19
Speaker
And what's funny now is it doesn't matter if I'm walking or in my car and I i see a dog, I always like, is that a boxer? Like, oh, my boxer. They never existed. They never existed when I got my first boxer.
00:42:32
Speaker
So that is how human perception works. And we talk about that all the time in our trainings, that we're wearing certain glasses that only allow us to see the things that we're paying attention to. so yeah. Yeah.
00:42:44
Speaker
So this is great. And those are amazing tips and examples. And um I do want to share with people that Whitney and I are co-leading a money mindset workshop on Saturday, September 13th.
00:42:57
Speaker
I will put the link to register for that in the show description here. we would love to see you there. And outcome together is to use Whitney as a model for people to have a really excellent money mindset because she she's done an amazing job of that.
00:43:11
Speaker
And it definitely comes from a sense of mission and stewardship. And I think, Whitney, for you, it's like you trust that whatever, even if you don't know specifically what your mission is, you trust that as you follow through on things,
00:43:25
Speaker
you'll be fulfilling it somehow because sometimes it's simply ah things we don't even realize like you could be a role model to somebody and it changes their life and you may never know that that happened right the more that we're in the world in a positive way and and giving value and creating good things the more we're on whatever mission we're meant to be here for sometimes we we don't even really know what it is and And trusting that really helps.
00:43:53
Speaker
Yeah. Yeah. You know what? It's being a Superman, superwoman to those around us because there're there're there's always going to be people who are suffering and wishing that they they could do more. I mean, that's why we went to all those Superman movies.
00:44:10
Speaker
yeah you remember because Everybody wants a hero. You know, we're all looking for a hero. And we can all be that to each other. So it's not that we're special. We're just realizing that we can make the most of the resources we do have to be like that more for the world. So I think that that's ah an important thing, right? It's not about, you know, making ourselves super important.
00:44:34
Speaker
It's about making the most of what we have to give to others. Exactly, exactly. So um goal setting is, I mean, people are probably tired of hearing that, but um goal setting is is very important.
00:44:50
Speaker
um And it's something that I grew up with. And part of it was, um maybe some people can identify with it, is some studying music. I studied classical music for a very long time.
00:45:02
Speaker
But I also played sports. And so and i really love playing sports. And so, again, there was a goal, right? So I know sometimes they say, well, you know, it's how you play the game.
00:45:13
Speaker
And I just didn't. fit into that mold. I had to play to win. And I love playing. And so everyone wanted me on their team because they knew I was going to pitch the best or I was going to, you know, catch on first base the best or I was really good at it. I was just really good. I had a lot of energy and I and i had that mindset.
00:45:34
Speaker
Like, I'm on this team. We're going to win. We're going to win. and um And so I'm on my own team, right, in life. And I'm going to win, you know, and that and that's the that's the attitude that I have.
00:45:46
Speaker
And for anybody at any age, you can really start doing anything at at any age. So let's say you're 60 and you're like, oh, I missed the boat. And it's like, but you haven't because most of us now are working till 80.
00:46:00
Speaker
until eighty s ah Ravi, just want to share as we end, like um I belong to a ah an elite financial group where we're connected with the the government. And so we do all sorts of lobbying and tax planning. And I've been involved in this for like 25 years.
00:46:16
Speaker
and i'm I'm the young one in the group and the guys are all like in their mid 80s and they look awesome. They look they look amazing, like they're just so healthy and so happy to serve.
00:46:29
Speaker
And i was one guy was talking to. um i was thinking about, you know, my goals and what I'm doing. And here this guy used to live, Ravi, in a foster home.
00:46:41
Speaker
who And he's one of my colleagues. And I just happened to Google him and it said, his net worth is $16 billion. Wow. wow How do you think he did that?
00:46:54
Speaker
i wasn't That was not from taking money from people. That was serving at such a high level and remembering how horrible it was for him.
00:47:05
Speaker
as a child, that he was going to go out and do as much as he could in this world and the amounts that he gives away and the organizations and people that he helps. um So this is the thing. It's that it's never too late to ever start anything because it isn't ah about Freedom 55 anymore.
00:47:24
Speaker
It isn't about 65 and out. um It's about working and thriving for as long as you want in your life. Do what you want in your life and call what you want into your life.
00:47:37
Speaker
Money comes and goes. it's It's just an idea. You know it's it's it you call it in and and it will happen. If you say that I can't, you know, I can't this, I can't that, I can't that. It's like, okay, well, you know, i remember the little engine that could?
00:47:54
Speaker
Like we learned that when we were three years old. i think I can, I think I can, I think I can. And we got over the hill. Yes, yeah, yes, that's an awesome story. Yeah, awesome. Well, thanks so much, Whitney. I think there were so many great tips in here and inspiring stories. and And that colleague you have sounds very impressive. I love hearing about people like that. and the people who resources and value giving back with them is, you know, I, you know, in my values, I think that that's really what it's all about.
00:48:25
Speaker
um Because what, you know, you can't take it with you. So you want to use it for good. Yeah. And then, and, you know, and then the, the reward in giving like the energy that comes back from and the the people that you meet. And I'm just like for you and I, from when we met at the very beginning of From Wallet to Wealth, when I was just like, I don't know if I could do this.
00:48:51
Speaker
And I was getting pushed, you know, by my kid. Right. Who was the voice in it? Who was the child who cried all night long? in a woman's shelter.
00:49:03
Speaker
And what's kind of interesting is that the adversity that we experience in our life, you have no idea how that's going to pay off in spades one day.
00:49:14
Speaker
So sitting in the boo hooies versus saying like the you know the guy that was in the in the foster care, and I know many other people that were in foster care too, who just bang, turned their life around, just like I did when i was when I was two, listening to my mom and dad always fighting about money. And I was like, you know what? I'm going to have so much money in my life that I'm just never going to fight about this stuff.
00:49:41
Speaker
Yes, I'm with you. Yeah, I had a similar thought. and And my way earlier on in my life with dealing with that was to decide I didn't need very much money.
00:49:52
Speaker
But I wasn't really using money as a tool. It took me time to appreciate that I was giving up opportunities because I said, oh, who cares about money? i have enough. So I lived on the poor side, but I wasn't really investing. Like when you said you bought a house,
00:50:08
Speaker
and you were building capacity, it took me time to really appreciate that. So I think that that's you know an important point for
Conclusion and Workshop Invitation
00:50:16
Speaker
people. So yeah, but thanks so much, Whitney. We have to wrap up. I would love to keep talking about this, um but we will at the Money Mindset Workshop on September 13th.
00:50:26
Speaker
um So again, the link will be in the show description, and we look forward to seeing you next time. Join us for our free one hour stress management workshops.
00:50:37
Speaker
Go to the link in the show description to register. And if you're interested in connecting with me and learning about personal and business coaching, consulting and training opportunities, go to mindlink.com.
00:50:48
Speaker
MindLinkConsulting.com or HypnosisTrainingCanada.com and schedule your free consultation. Let us know what you think of the show. Reach out to us at MindLinkConsulting.com.
00:51:01
Speaker
And if you like the show, please rate and review us so other people can find us too. Thanks so much for tuning in. I'm Robbie Spearmiller, the host of the Habit of Possibility podcast. Tune in next time to learn more about how you can turn obstacles into opportunities.
00:51:16
Speaker
and make the most of your life and career.