The intention of the 21-day abundance challenge is to:
– Attract ABUNDANCE, get out of the negativity of scare city
– Mindset for CHARITY, without the fear of losing something
– Create WIN/WIN situations, instead of making someone lose
– PLUS, receive a daily PRESENT for your completion!
The 21-day Abundance Challenge will start on Tuesday, March 12 at 12 a.m. UTC/GMT.
Couchsurfing Experiences in Malaysia, source Mr. Drone
I made new couch surfing experiences in Malaysia at the Ramada Hotel. With an amazing view over the skyline of Kuala Lumpur.
That’s funny because it’s Ramadan. The apartment I booked through Airbnb and the whole apartment did not even cost 27 €! Couch surfing can give experience to individuals about the way of living with local people.
And to live with locals makes a big difference. You get much more of their way of life. And you get tips that are not in any travel guide. I have already made very good couch surfing experiences. Like changing my itinerary in Singapore in February to fly to Phuket together with my host and her girlfriends. Booked in the evening, flying together the next morning to Thailand. Therefore, today I would like to recommend AirBnB.
If you do not have AirBnB account yet, you can get access using the following link: www.airbnb.com
Plus you will receive a 25 € credit for your first booking! But there is a lot more interesting stuff here:
How to connect only through one middleman between the guest and the landlord. This is awesome and is similarly done at Uber, Go-Jek, and Greb. The value chain is short and without high costs or commission. The most amazing thing about it is: The frontend of the AirBnB-webpage looks like it is programmed with love 🙂 Look at booking.com and you see a webpage that is programmed with greed 🙁
This is very different from the traditional distribution networks. The manufacturers sell their products to the export enterprise, they resell it to the shipowners. They sell it to the importing enterprise, who then delivers the goods to the wholesaler, he distributes it to the shops of the retailers. And finally, the consumer buys or orders his product there. How many middlemen? Too many!
You do not want to know how many times the petrol has changed hands until it ends up in your tank! As of today, one barrel of crude oil costs 64 €, that is 159 liters per barrel or equals to 0.40 Euros per liter. At the petrol station, you pay over 1.40 € which is a surcharge of 250%! There are of course transport and processing costs, but most of it goes for the profit margins of middlemen. And have you ever been curious about the fact, why the fuel did cost about 1.20 € even in times when the barrel was traded for only US$ 30? Back then the surcharge was over 400%!
That’s almost the same with multi-level marketing (MLM) systems. Even if the producer delivers the pills directly to the end-customer, there is a long sales channel of the MLM freelancers. All of them get a commission out of the turnover. That’s why selling in an MLM system is only possible for products with an incredible sale margin, such as nutrition supplements. They are getting sold with arguments like: “Your health should have a higher value than 2 € per day to you.” The manufacturing costs of the pills are in the mEuro range (1/1000th of a Euro). But I have already written about the Minerals in Food.
With your business idea, you want to think about this question: How can I remove all of the middlemen? Uber, AirBnB, Greb, and Go-Jek have one thing in common:
There are 3 factors about your mindset about money that influence your financial situation:
If you want to change your financial situation you need to master all 3 disciplines. But your mindset has the biggest influence, about 60 to 70%! The actions you take, have the lowest influence, about 10 to 20% and this is where most people spent the most attention to. But as long as they have a fixed mindset or false belief about money, they will sabotage their actions. Due to that, let’s start with the mindset.
If you read the article “Escape“, you may remember that you can believe what you want and that everything you believe is your truth: So whenever you think “money is the problem”, it is your truth that money is the problem! I think this is not a very beneficial belief for anyone.
Whenever you think “money is the solution”, money is no problem anymore. I consider this a much more beneficial belief or mindset. So let’s take a little step today moving in this direction.
Everybody believes something different, so everyone got his own truth. This is due to your individual perspective, culture, education, experiences, likes, and dislikes. Some of our beliefs help us and with some of our beliefs we limit ourselves.
So the questions are:
You might want to listen to it with headphones for better concentration.
After I finished studying in 1988 I traveled for 4 months to Australia to escape the winter in Germany, because I hate it. To do so I got a job for half a year and saved every penny. The complete trip did cost me about 12.000 DM (German Marks, which was the currency in Germany in those days). And I got the idea of financial independence. This means I have so much money in the bank, that I can live and travel from the interest. I had no idea how to get there, but a dream was born. It turned out in my hopeless plan of financial independence.
Based on that I calculated that I needed about 3,000,000 for my financial independence. DM to live on interest and travel in that style without working based on 4-5 % interest rates.
Source: www.actualized.org Thank you, Leo, I couldn’t express it any better!
Meanwhile, I learned how to get earnings of 8-10% (on a long-term average) by investing money smarter than in a savings account. And only half a million € lasts to be financially independent at a low level to pay for my kids and my basic needs. Prices of flight tickets dropped. Then I fell in love with Bali. And the cost of living is much lower there, so it lasts even less than I expected.
I own a company, which I built up in 8 years and turned it into a self-learning enterprise. This pays me for those basic needs. I structured it in a way that it works almost without me. So I can stay away for months. So, I live from the dividend. And I can see my assets growing with the market. Because I am invested in ETFs of major indices. This kind of long-term investment is easy to understand, low on costs and maintenance, and performs better than most of the managed fonts. So my assets keep growing, while I can enjoy traveling.
