In this solo episode, James reviews “The Code of the Extraordinary Mind” by Vishen Lakhiani and discusses some major concepts from the book, which can allow you to live the best life possible.
In his book, Lakhiani reveals how he built Mindvalley, but got to a breaking point and almost had to close the doors. After making a major shift, which he refers to as “Bending Reality”, the company grew revenue over 400% in just 8 months and started attracting their dream clients along with an amazing team.
He did this by bringing the powerful presence of gratitude and happiness into the present moment, and in the book he says:
“Be happy now. Your thoughts and beliefs do create your reality, but only when your present state is joyful.”
The second step was creating an excited anticipation for the future. James notes that as entrepreneurs, we already have goals, but often run into frustration, become impatient and burn out. He says there is a huge difference between going through the motions of gratitude and having an experience of truly feeling it.
“Gratitude is the vibration of receiving, and if you’re grateful for what you already have, it only invites more to come your way”
Lakhiani refers to Dan Sullivan’s theory of appreciating the “reverse gap.” We often beat ourselves up when we’re not where we want to be in life, but we can take a moment to reflect and look back at how far we’ve come. To do this, make a list of the results that you’ve created in your personal and work life. This can be one of the best things you can do to move forward when feeling overwhelmed.
Every day, as part of your routine, Lakhiani says to identify three to five things that you’re grateful for. You can start with the small things that make you happy and you smile about.
“We shouldn’t do things so we can be happy, we should be happy so we can do things”
To shed our past, one of the most powerful things we can do is to practice the act of forgiveness. First, make a list of people that you don’t feel 100% complete with in your life. Then, follow the next steps:
1) Set the scene
Close your eyes, get present and imaging the person standing before you. Then recreate the scene that has triggered your emotions.
2) Step into the anger and pain
Relive the situation while bringing up the emotions as much as you can.
3) Forgive and love
Take a moment to actually step into the other person’s shoes and imagine what life might be life for them. Then, intentionally forgive them and imagine them doing the same for you.
James adds that carrying around frustrations of the past will affect your productivity, intuition and creativity, and these steps will act as “detox” for your soul.
“Take a moment to forgive and move on; the past is done and this is about now”
The book also asks readers three important questions to consider:
1) If time and money were no object and I did not have to seek anyone’s permission, what kind of experiences would my soul crave?
2) In order to have these experiences, how do I have to grow? What sort of man or woman do I need to evolve into?
3) If I have the experience that I have listed above and I’ve grown in these remarkable ways, then how can I give back to the world?
Make sure that you don’t have an attachment to your big goals, and remember that the future doesn’t define you if things don’t happen to go your way.
In this episode, James is joined by a special guest, Rick Mulready, to discuss how to overcome the mindset hurdles that all entrepreneurs face.
Rick shares that he himself, despite the success he has achieved, is still working on figuring out entrepreneurship. He says that mindset is the foundation, and it drives success in both business and life.
He used to have a scarcity and fear-based mindset of not know how to do what he wanted to do with his own business. Rick also wasn’t even sure if he could do what he wanted to do, and he says he “floundered” for 14 months. At one point, he even thought he might have to go back to the corporate world.
His mindset is now a lot different than it use to be, and he’s proved that he can help others in their businesses while also supporting his own family.
Along the journey, you’re always going to have setbacks and you’re going to hit plateaus. Your mindset will help you think in different ways and allow you to know you can get through the hard times.
James adds that you may need to rebuild your mindset to get to the next level you’re aiming for.
Rick’s three mindset hacks:
1) Success is actually in the process of getting to the end goal
Rick believes what’s important is what you learn along the way, although he admits that he use to get caught up in the end goal and would get upset if he didn’t hit it.
Focusing on the process, instead of the end goal, allows for more fun along the way and also helps you to realize that you’re choosing the things you want to do.
We hear that it’s the struggle that makes it all worthwhile when we reach our goal, but it really comes down to being grateful for achieving success with ease.
James says to look for the path of least resistance, or the one that offers ease and flow. Abraham-Hicks’ definition of success is how much just you can have in a day, and if you want to increase your revenue, you should work less and play more.
2) Watch your “but”
When we think of an idea, there’s often a “but” that comes up. Rick shares that the first idea you had before this is the real winner, and when you permit your doubts to become the story and gain momentum is when you get into trouble.
James notes that people will look to justify why they shouldn’t do something, but a lot of the things we’re creating nee to be crazy, not logical. He recommends replacing “but” with “and.” When you’re using “but,” you’re literally cancelling out the thing that you want.
3) Just do it and stop the worrying
The only control we have is over what we can do now, in this moment. You can’t worry about a future that hasn’t happened yet. James says that during launches is a common time for entrepreneurs to worry as they often attach their own identity to the results.
Remember, the goal set is only used to determine the process that you are going to use. Determine how you can change the meaning, or the goal, so you’re not worrying, because when you’re worrying, you can’t be empowered to take the proper actions.