5 Step Process to Increase Your Income 10X - Jake Ducey
Jake Ducey
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5 Step Process to Increase Your Income 10X

5 Step Process to Increase Your Income 10X with the Law of Attraction 

Would you like to increase your income by five times, ten times, and save an additional $30,000 in five months and work less doing your dream job? Do you want to quit your 9-5 job and follow your dreams? Do you want to fire your boss? Are you ready to increase your income using the Law of Attraction? There are practical steps you can take to use the Law of Attraction in your day-to-day life. 

How to Increase your Income 

Enter one of my clients, Katie. Katie was working a job she didn't want to be at anymore. It paid okay. She made a few thousand dollars a month and she didn't want to be at it anymore. She wanted to be a full-time life coach. We set a plan for her in 12 months to be able to leave her job. A lot of people want to leave their job instantly. Instead, we set up a plan. I said, "treat your job like an investor. Let's set a plan for how much money you can have saved in a certain amount of time.' Our goal was $30,000 in 12 months. It only took her five months to do it. She saved $30,000 in five months and was out of the job.

She was only able to do her life coaching on the weekends and after her 9-5 job. It was a very, very limited amount of hours. She ended up making $20,000 a month life coaching only working a few hours during the day because she was at a nine to five job. Her 9-5 job was paying her a few thousand dollars a month and she was making five, six times more than that. She only had a few hours a day to work on it.

How does that happen?

The 5 Steps to Increase Your Income 

There are practical steps you can take to increase your income. There is a proven process that Katie followed. It is the same one that I've used to create my dream life and thousands have used these same methods to begin living their dream life. 

1.) Commitment

The first thing to really wrap your mind around is commitment. Remove all of your other options and dedicate yourself to Option A. Get rid of Options B and C and D. When you keep those options around - B and C and D - you subconsciously sabotage your efforts for Option A because you have all these other options around. You also worry about everything else - all these other options that you have.

Tell yourself, "this is what I'm going to do, and there's no alternative." That's it. There's no alternative to it. We get in a place where we don't want to be somewhere anymore or we don't want to experience our financial or career situation anymore. That discontent doesn't allow us to think clearly.

2.) Clarity

How much money do you need to live? How much money do you REALLY need? Be brutally honest. Are you spending your money wisely? 

It's amazing how people have no idea how much money that they actually need to live. Now, the reason this is important to know is because if you're wanting to make a change in your life, you need to know how much money you're going to need from your new idea in order to support you quitting your old one, which is what we had to do with Katie.

3.) Set Short-Term, Reachable Goals

We had to ask, "how much money is it going to cost you if you quit your job tomorrow? How much money would you need in order to live?" Whatever that number is, that's the baseline bottom zero point goal that has to be hit. What is the quickest way to be able to leave a job? First is having an income stream. Then you need to have a lump sum of money saved. That's why we say, "treat your job like an investor." Katie's goal was to save $30,000 in 12 months. It only took her five months to do it. Why did it take her five months to do it? Why did it take five months? Because she finally had a clear plan and a clear way out of your job. We want to leave circumstances and situations, but we don't have a clear plan and we can't see how to actually get out of it.

increase your income

That keeps us locked in a cycle where we're just staying where we are. We're just staying where we are because we can't see the clear way out. I said to Katie, "you're making a couple hundred dollars a month coaching right now. We need to get that income up." All of that income is going straight into your savings account. You're not spending any of it. It's going straight into your savings account. We put a plan together for Katie to earn more money as a coach and we set short term, reachable goals. You need to set short term, reachable goals.

If you're watching this right now, what are short term reachable goals that you can get to financially? It's the same way I work. If I'm saving money, I set a big long term goal, but then I said short term incremental goals that I can hit. They're a stretch, but they're not like, "I'm going to have a million dollars saved by next Tuesday." 

4.) MAP - Massive Action Plan

Once you have goals and clarity, put together a plan. Set deadlines. Are you going to get those goals in three months? Six months? Twelve months? How will you save the money? Give the money a purpose. How will you use it? What will you do with it? Prepare like you already have it. Get in the mindset of having it. 

What is a plan that I can adopt? When the universe responds and it gives me new plans, new actions, there are things I can change in my plan, but what is a baseline that I can adhere to? That's what we did with Katie. "Here's how many clients you are going to have. Here's how much we're going to charge." Doubt started to set in. She was like, "that's really uncomfortable, I don't know if I'm worth that much. I don't know if I could get that many clients." It wasn't like, "you're going to have 9,000 clients in four days." It was achievable. It was realistic enough where her mind can wrap around it so that she could implement it. While she was working a 9-5 job, she started making $20,000 a month as a coach while only making a couple thousand dollars at her job. She was working a few hours a week as a coach and making $20,000 a month. She was working eight hours a day making a few thousand dollars a month at her job. The trick is to create a business, a job, a passion project that can supplement your current income. Pull as much money from your job as you can that you can save to amass capital. Capital equals freedom. What is capital? It's money that you have and that's why Katie's goal was to save $30,000 in 12 months. If she had $30,000, she was going to have six, nine, 12 months to live off of.

Put a plan together.

5.) Start...NOW

Stop waiting. Someday isn't a day of the week. Some day will never come. Start today. Star NOW. 

Doubt kills more dreams than failure ever will. 

Suzy Kassem 

What are some steps you can take in your waking hours with your eyes open to supplement your income to create a new career path, to push yourself forward? What is a step you can take? What are some steps you can take right now? You can start working towards your dreams right now. If you want to save $30,000, you can open a new bank account for free. You can save one penny. If you want to write an album, write one chord. Play one note. S

Stop making excuses and start. 

increase your income

You can increase your income RIGHT NOW. 

Go out and mow someone's lawn for five dollars. There's one way you can increase your income. 

Go ask someone if you can do their laundry. That's another way you can increase your income. 

Begin looking for opportunities to increase your income. Focus on opportunity. 

When you have that capital amassed, you have the freedom to renegotiate your work hours, your pay, of your work arrangement. If you have capital, you have leverage. You can ask for what you want without fear of being fired because now you have a contingency plan. You know you have money saved. You've given yourself freedom. People don't give themselves breathing space. They want to leave their job three years later, they're just as dependent on their job as they were three years before. The plan is to create your own sense of freedom​.

Be sure that you download my free success hypnosis. It's so important to train your mind to think this way for success, for abundance, for prosperity. Click below to download my free success hypnosis.

I talked about the practical things that Katie did, but every day she was listening to this hypnosis too.  It's free. Train your mind for success and abundance.

I appreciate you and have a beautiful day. 

About the Author Jake Ducey

Jake Ducey is a two-time published author with Penguin/Random-House (The Purpose Principles and Profit From Happiness), a leading speaker for his generation having been featured in TEDx Youth, hired by mega organizations such as Nielsen and Accenture, and a leader who has already inspired countless thousands of young people to seek meaningful career success and to make a difference in the world.

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