Tuesday, December 7, 2010

The "Money Ripple" Mind Set... we all have!

I believe I had an epiphany this morning! Actually, I know I did. I was in the middle of having a conversation with my husband. He mentioned that they needed some help on a project. It was something that I could help them with and I knew they paid the other person to do it. Before I could offer he said they wanted to find someone to do it for FREE. Well, once he said the word FREE I knew I was not going to offer to help and my epiphany began... (Now don't get me wrong I do plenty of stuff for FREE and I believe in paying it forward but this is a little bit different. We can't go broke doing everything for FREE!)

I like FREE we all like FREE and we are all constantly looking for a great deal or something for FREE. When we get a great deal we can not wait to tell our friends. We are thrilled and they are thrilled too!

In business we may think we have to do something for FREE or discount our services. (Obviously we think if we discount something or do it for FREE when they have money they will come back and work with you... not so, I can speak from experience!) Because our mind set is such we figure if we found it for FREE before we can do it again and away we go... looking for the next something for FREE or a big discount.

Think about it, think about it hard... because what goes around comes around and you may not like what comes back around to you. Have you ever heard of the "money ripple." You know how when you toss a rock into the lake and it causes the water to ripple and the ripple goes on and on and runs into other ripples. Well, that is how the "money ripple" works. The problem is that our mind set is reversing the "money ripple." If we do this enough times the "money ripple" may never reach us. Our clients want discounts and we want discounts and we have always thought that was okay, in fact better than okay. What is happening to the "money ripple?" Your right... it is getting smaller, and smaller and in many cases it has completely disappeared. How is your "money ripple" doing?

We wonder why when we purchase something and it is crap. I guess we know why, but we don't consider that we the consumer has demanded it! No wonder the manufacturer has had to cut every corner, hire inexperienced employees, buy cheaper materials and the list goes on and on.

Our next thought is that the reason we need stuff for FREE or discounted is because we don't have the money to pay full price for something. Well, let us think about that. Really! Why is that?

How many of you like buying a car? My ideal situation would be to walk in, pick out the car of my choice and pay the full sticker price in cash! I feel relaxed just thinking about it. Most of us hate buying a car because we have to haggle the price, sit there and wait for the sales person to go back and forth... trying to get us into our dream care. Figure out if we are getting the best deal on our trade in.. I can tell you right now you are not. I am exhausted and a little pissed off just thinking about it. Our mind set is that we have to get the very best deal. If you told your best friend you did not haggle and you just paid the sticker price they would kick your butt!

However, this is where our mind set begins to get a little twisted. Let's say you get a great deal and you can't wait to show all your friends and family your new car, whoo hoo! What you don't realize is that the sales person who sold you the car gave up part of his commission (who cares it was just some car sales person and they are hardly human) and their kids Christmas is going to be a little smaller this year... the reverse "money ripple" begins. The dealership has discounted so many vehicles this month they can't order as many next month. The manufactures of the vehicles feels the reverse "money ripple" too. They are forced to cut back on materials they purchase. The "money ripple" continues to get smaller.

You are sitting in your office all excited about your new car and the great deal you got. Your boss walks into your office and explains how one of their largest customers just cut back on their future order. (Your company supplies vehicle manufactures). Your boss explains this is the third customer this month that cut back on their order, sales are down and your Christmas bonus just got cut in half for this year. Did you just feel that "reverse ripple" in effect!

Maybe your company has nothing to do with manufacturing cars but each person working for that company has buying power. When the reverse "money ripple" begins it touches all of us.

This may be a little bit dramatic but actually no so much! We can choose to push the "money ripple" out as far as it can go or to create what I am calling a reverse "money ripple."

Now don't get me wrong I have purchased many vehicles and I have worked my best deals with no remorse at all, but that is what I am saying... I had an epiphany. I am part of the reverse "money ripple" which is probably a vortex but I am not a science geek.

We need to think of ways to increase our income so we don't have to be a part of the reverse "money ripple." Strive to push that "money ripple" out as far as it can go! Be proud of it, share it and eventually the "money ripple" will touch us all!

Thanks for stopping by!
I wish you a magical journey in life.