TRANSCRIPT OF EP7
WELCOME TO RETIRE CONFIDENTLY!

HI, IT’S IMELDA AND IN THIS EPISODE I WILL BE SHARING WITH YOU WHY MINDSET IS IMPORTANT NOT ONLY IN BUSINESS BUT IN EVERYTHING IN YOUR LIFE.

THE MIND IS SO POWERFUL! THE MIND IS THE STARTING POINT OF EVERYTHING THAT YOU CAN SEE AND TOUCH AND FEEL THAT IS CREATED BY HUMAN BEINGS.  I NEVER SAW IT THAT WAY UNTIL I STARTED READING AND SEEKING FOR AN ANSWERS.  YOU SEE, EVEN THE SALARY THAT YOU ARE RECEIVING NOW STARTED FROM YOUR MIND. YOU WOULD NOT HAVE HELD IT IN YOUR HANDS, IF YOU HAVE NOT THOUGHT ABOUT APPLYING FOR THAT JOB, GOING FOR THE INTERVIEW AND CONVINCING YOUR EMPLOYER TO HIRE YOU.  YOUR THOUGHTS MANEUVERED EVERYTHING. EVERYTHING STARTS FROM AN IDEA AND AN IDEA STARTS FROM THE MIND.  THE HOUSE YOU ARE LIVING IN IS OF COURSE MADE OF CONCRETE AND WOOD AND OTHER BUILDING MATERIALS, BUT WITHOUT THE BRAIN THAT CONCEIVED THE IDEA OF BUILDING A HOUSE, IT WOULD NOT HAVE BEEN THERE.  WITHOUT PRESENTING MORE EXAMPLES, I THINK YOU WILL NOW AGREE THAT EVERYTHING THAT IS EVER CREATED BY HUMAN BEINGS STARTED WITH AN IDEA FORMED IN THE MIND.

BECAUSE OF THE SEMINARS, THAT I GO THROUGH, I LEARNED THAT OUR REALITY IS CREATED NOT SO MUCH BY OUR CONSCIOUS MIND BY OUR SUBCONSCIOUS. I WAS NOT A BELIEVER OF HOW POWERFUL THE SUBCONSCIOUS MIND IS BECAUSE I WAS NOT EVEN AWARE ABOUT IT. I DON’T REMEMBER HAVING LEARNED ABOUT IT IN SCHOOL. MAYBE IT WAS MENTIONED AS PART OF SCIENCE LECTURES ABOUT THE BRAIN, BUT I DO NOT REMEMBER MY TEACHER REALLY GOING DEEP ON THE POWER OF SUBCONSCIOUS MIND AND HOW IT WORKS. NOW I BELIEVE THAT IT IS SOMETHING WE HAVE TO UNDERSTAND AND USE AS A LEVERAGE.  PEOPLE ARE TALKING ABOUT THE LAW OF ATTRACTION, VISUALIZATION, CREATING VISION BOARDS AND THINGS LIKE THAT.  IN MY OWN EXPERIENCE, THESE THINGS WORK. I HAVE TRIED VISUALIZATION AND VISUALIZED ABOUT ME MY HUSBAND AND MY TWO SONS CHECKING IN AT A HOTEL AND STAYING IN A 2 BEDROOM SUITE. USUALLY WHEN YOU DO VISUALIZATION, YOU DON’T LIMIT YOUR MIND, WHATEVER COMES TO MIND FIRST THAT IS THE THINK YOU WILL FOCUS ON WITH YOUR EYES CLOSED AND FEELING THE EMOTION, SEEING THE COLORS, TOUCHING SOMETHING THAT YOU COULD SEE , PUTTING YOURSELF LIKE YOU ARE ALREADY EXPERIENCING IT.  TO MAKE LONG STORY SHORT, AS SOON AS I ARRIVED IN THE PHILIPPINES, CHECKED IN INTO THE HOTEL WHERE I BOOKED, THE LADY AT THE COUNTER FOR SOME REASON OFFERED ME TO UPGRADE TO A SUITE. AND BECAUSE THE DIFFERENCE I HAD TO PAY WAS NOT SO MUCH I AGREED TO UPGRADE TO A SUITE. SO, I BELIEVE THAT WHAT I VISUALIZED FEW DAYS BACK WANTED TO FIND ITS WAY TO BECOME A REALITY.  IT WAS NOT THE SAME COLORS I SAW IN MY VISUALIZATION BUT THE SUITE BECAME REAL.  AND I ALSO TRIED TO CONNECT AS TO WHY DID I VISUALIZED ABOUT THE SUITE.  AND THIS IS WHAT I FOUND. 2 YEARS BACK MY FAMILY WENT ON A VACATION TO HONGKONG AND BECAUSE I WAS LOOKING FOR A CHEAP HOTEL, WE ENDED UP IN A VERY SMALL ROOM WHICH WOULD NOT EVEN ALLOW US TO SLEEP IN A RELAXED POSITION. WE HAD TO SLEEP SIDEWAYS. AND I FELT AT THAT TIME THAT MY FAMILY DESERVES A BETTER SPACE, AND I WANTED TO MOVE OUT. BUT MY FAMILY INSISTED THAT WE STAY BECAUSE WE ARE THERE ONLY TO SLEEP, IN THE DAY TIME, WE ARE OUT ANYWAY. OF COURSE THAT IS ALSO A PRACTICAL WAY TO SEE THE SITUATION, BUT TO ME IT IS SOMETHING I SHOULD NOT SETTLE FOR.  MY FAMILY DESERVES BETTER. MY FAMILY IS NOT CHEAP. MY FAMILY IS THE MOST IMPORTANT THING IN THE WORLD FOR ME AND THEREFORE I WILL DO SOMETHING TO CHANGE THE SITUATION GOING FORWARD. I DO NOT TO THINK IN THE WAY OF KEEPING UP WITH THE JONESES, BUT I THINK ALONG THE LINES OF GIVING MY BEST TO MY FAMILY. 

NOW, TALKING ABOUT THE IMPORTANCE OF MINDSET IN BUSINESS, TO ME IT IS THE BASIC FOUNDATION. MORE THAN KNOWING WHAT BUSINESS IS GOOD FOR YOU, HAVING THE MINDSET OF AN ENTREPRENEUR CAN SPELL OUT THE DIFFERENCE BETWEEN A SUCCESSFUL BUSINESS OR THE OPPOSITE. BECAUSE BUSINESS CAN BOMBARD YOU WITH A LOT OF CHALLENGES, BUT WHEN YOU HAVE THE RIGHT MINDSET YOU WILL BE ABLE TO OVERCOME EACH CHALLENGE. YOUR MINDSET IS THE THING THAT MAKES YOU ACCEPT THAT YOU ARE A PROBLEM SOLVER AND BUSINESS IS MERELY PROBLEM SOLVING.

THE MINDSET IS WHAT MAKES YOU TAKE ACTION EVEN IF YOU ARE FEARFUL. EVERYONE HAS FEARS AND FEARS DO NOT GO AWAY, YOU CANNOT ELIMINATE FEAR, YOU CAN ONLY CONTROL IT. SO EITHER YOU CONTROL YOUR FEARS OR YOUR FEARS CONTROL YOU.

BY MINDSET, I REFER TO THE WAY OF THINKING A PERSON HAS.  I REMEMBER WHEN I WAS AN OVERSEAS WORKER, I WAS NOT CONTROLLING MY SPENDING AT ALL.  EVEN WITH MONEY I CAN SAVE, I WILL EASILY LET IT SLIP AWAY.  WHEN I BECAME AN ENTREPRENEUR IT CHANGED. I WAS TRAVELLING FROM MANILA TO ZAMBOANGA CITY, AT THE CHECK IN THE LADY TOLD ME THAT I HAD EXCESS BAGGAGE OF ABOUT 2 KILOS AND THEREFORE I HAD TO PAY SOME 400 PESOS. MY ENTREP MIND TOLD ME THAT IT IS MONEY I COULD SAVE NO MATTER HOW SMALL IT IS.  SO I TOLD THE LADY THAT I WILL REDUCE THE WEIGHT AND ADD THOSE EXTRA KILOS INTO MY HAND CARRIED BAG. I WAS WILLING TO EXERT EXTRA EFFORT TO CARRY 2 KILOS TO SAVE MY 400 PESOS.  AND IMMEDIATELY I REALIZED THAT MY OFW MIND WOULD HAVE JUST PAID FOR IT BECAUSE I HAVE THE MONEY IN MY WALLET ANYWAY.

WHEN YOU HAVE ACQUIRED THE MINDSET OF AN ENTREPRENEUR, YOU WILL ALWAYS ASK YOURSELF WHETHER YOUR SPENDING WILL GIVE YOU BACK MONEY OR NOT. FOR EXAMPLE, MY FRIEND TOLD ME THAT SHE IS SPENDING SO MUCH MONEY ON REPAIRING HER HOUSE TO MAKE IT LOOK GOOD.  TO ME, THERE IS NOTHING WRONG WITH THAT BUT IN MY MIND (OF COURSE WITHOUT SAYING IT TO HER), IN MY MIND I WOULD RATHER SAVE THAT MONEY AND PUT IT TOGETHER WITH SOME OTHER SAVINGS I HAVE SO THAT I CAN EITHER PUT UP A BUSINESS OR INVEST IT IN BUSINESS SO THAT MY MONEY GROWS. IF I PUT IT IN THE HOUSE, THOSE MONEY WILL ONLY GIVE ME THAT NICE FEELING OF A BEAUTIFUL KITCHEN OR DINING ROOM. AS LONG AS I HAVE A ROOF OVER MY HEAD AND A CLEAN SURROUNDINGS, AESTHETIC VALUE IS NOT A PRIORITY.

IN 2016, WHEN WE NEEDED MORE FUNDS TO BUILD ANOTHER BRANCH OF THE COFFEE SHOP, WE SOLD OUR HOUSE. IT WAS OUR FIRST HOUSE, IT WAS FULL OF MEMORIES, IT WAS SOMETHING THAT WAS NOT EASY TO LET GO. MY MINDSET ALLOWED ME TO NOT GET ATTACHED TO PROPERTIES. YES WE SOLD THE HOUSE BECAUSE WE NEEDED THE MONEY AND BECAUSE WE RELOCATED TO ZAMBOANGA CITY WHERE OUR BUSINESS IS. MAINTAINING THE HOUSE WOULD MEAN HAVING SOMEONE TO WATCH OVER IT, SO WE WOULD HAVE TO ALLOCATE ALLOWANCE FOR FOOD, FOR ELECTRICITY FOR WATER AND FOR TAXES.  BY SELLING THE HOUSE WE ELIMINATED ALL THOSE EXPENSES. BUT MOST IMPORTANTLY, WE WERE ABLE TO CONVERT THE MONEY FROM THAT HOUSE INTO SOMETHING MORE PRODUCTIVE. THE BRANCH THAT WE WERE ABLE TO BUILD WAS GIVING US MONTHLY INCOME THAT HAVE ALLOWED US TO EVENTUALLY BUILD THE THIRD BRANCH. MOREOVER THE VALUE OF OUR COMPANY HAS DOUBLED BECAUSE OF ANOTHER BRANCH ADDED.  MINDSET ALLOWED US TO STRATEGIZE AND TAKE ACTION.

I HAVE A FRIEND WHO LOST A LOT OF MONEY IN BUSINESS AND DECLARED BANKRUPTCY.  SHE THOUGHT THAT SHE NEEDED MORE MONEY SO SHE COULD REGAIN THE BUSINESS. BASED ON WHAT I KNOW NOW, WHAT SHE NEEDED IS NOT MORE MONEY BUT A CHANGE IN MINDSET.  AND THE ONLY WY TO CHANGE THE MINDSET IS TO WORK ON IT.  SHE HAS TO KNOW THAT THE SAME PERSON AND THE SAME THINKING THAT GOT HERSELF INTO BANKRUPTCY WILL NOT BE THE SAME PERSON WHO COULD LIFT HER OUT OF BANKRUPTCY.  THE THING IS, SHE WOULD NOT EVEN DARE ATTEND SEMINARS AND READ BOOKS, SO WHERE CAN SHE GET KNOWLEDGE AND WISDOM FROM?  EVERYTHING IS A PROCESS.  CHANGING THE MINDSET IS A PROCESS. AND PROCESS INVOLVES TIME.  IF YOU CONTINUE TO GIVE EXCUSES LIKE, OH I HAVE NO TIME FOR A COURSE, OH I HAVE NO MONEY FOR A SEMINAR. WHEN WILL YOU THEN CHANGE YOUR MINDSET, KNOWING THAT TO ACHIEVE THE MINDSET THAT YOU NEED NOW, IS A PROCESS THAT YOU HAVE TO ...