The One Thing You Must Face Before You Can Increase Your Income

One of the questions I am asked the most is “how do I increase my income?”

The average American earns around $60,000 per year, which for most families, barely gets the job done.

And I’ve been there. I remember the years of making $30,000 per year and struggling and thinking it would be life changing if I could even earn $60,000 per year. And I was able to increase my income substantially by studying the Top 1% of wealth and learning how they did it.

The problem I observe though is that most people want two opposing things when it comes to income and because of that, one of these things usually wins and it isn’t the income.

But that leads to another problem, which is the fact that without income, you and I end up living paycheck to paycheck, barely making it and building wealth becomes unreal. So, it is really important to solve this.

What are these two opposing things?

Most people want to earn more income AND most people want to fly under the radar and keep to themselves.

Let me ask you something though: have you ever gotten paid by someone who didn’t know you existed?

I haven’t.

In order to make money, you have to be known. Period. And this idea of flying under the radar and not wanting people to know about you is actually counterproductive when it comes to building wealth.

In fact, for anyone intending to succeed at a thing, the main obstacle, regardless of what “thing” they are pursuing comes down to not enough people knowing about that person. That’s simply it! Not enough people know about that person and what they do or are intending to do. If more people knew, more people would support and participate. The overlying answer is simple, but the underlying problem is not so easy. Two of the most powerful questions in my life have been “why?’ and “why not?”. So now that we’ve realized that obscurity is really the main obstacle of someone who intends more income, we must ask ourselves: why?

The main reason is fear. That really is what it comes down to. We actually suppress ourselves because in the past we’ve either been personally suppressed by others, or we have seen someone suppressed by another. This enforced external suppression results in fear and our defense mechanism is to suppress ourselves because at least then it was our idea. Sound familiar? I relate this to playing football when I was little. As a child, when I knew I was going to be tackled hard I would voluntarily fall down. My reasoning was that both situations would result in me lying on my back. It would hurt less if I did it to myself and therefore, I could make sense of “tackling” myself so that I could avoid pain. We’ve all experienced this somewhere.

So, what is the solution? Face the fear and go through it. By deciding and committing that you’ll do whatever it takes to increase your income, you’ll force yourself to solve for the obstacles. Let’s first handle the potential for pain from those who may suppress us. Sometimes we call them “haters” or critics. The best way to handle haters is to become massively successful. For one, it just feels really good. But more importantly, when you begin winning and succeeding your energy changes. You literally vibrate at a wavelength so different than theirs that it will repel them. I’ve experienced this in my own life countless times. I’ve never had to confront somebody that was being negative and critical. I’ve just continued pursuing massive success and as I’ve achieved it, the “haters” have simply just fallen off and disappeared. New ones will come and replace them and you will handle them the same way. Your focus should not be on fixing them or being “right”. Just repel them and keep going.

Now that we’ve decided what to do what the suppressors and we have decided to flourish and prosper, we must simply go do it. We start by shouting it from the rooftops. Promote yourself and how you can help others to earn income. Show people what you’re succeeding at and tell them how you can help. The “haters” are not the ones who have been holding you back in the past, remember? You’ve been doing that to yourself out of fear of what they may think or do. So, you must free yourself from yourself. Go get visible and become known in order to do that.

Practically, get to work towards achieving your income goal. As you succeed, document it and share it. Do not adopt a false sense of “humility” to make sense of your lack of self-promotion via self-righteousness. That is idiotic and insane. If you’re good at something and winning, be truthful and share it. This is how you promote. Tell people how you’re winning. Paint a picture of where you’re going and communicate it frequently. And make sure you invite people to come with you!

This is how you become known! My favorite example of this is Muhammad Ali. He decided to be a world champion fighter and began doing it. He made sure to put the work in to win his fights and he made sure plenty of people saw him win. He would communicate where he was going and continue promoting his successes. “I am the greatest” was his proclamation of his destination. Imagine if he decided to play the false “humility” card and win his fights in secret. Imagine if his pitch was “I’m decent” rather than “I am the greatest”. It wouldn’t work. And he would never have become “the greatest”.

Decide to succeed. Realizing success will handle any haters you gain and repel them. Un-suppress yourself by making yourself known and promoting yourself. Work hard. Win. Make sure people see it. Communicate your destination and invite others to join you.

My mission in life is to help good people build more wealth who make the world a better place and it starts with financial training and understanding.

So, if you’re a good person who wants to help make the world a better place and this article helped you, I want to encourage you to join our free Facebook community, Wealth DynamX Nation.

I want to encourage you to start putting this into practice. And feel free to write to me and let me know how it went. Or if you’re a client of mine and you’d like help leveling up, send an email to my team with “Level Up” in the subject line to Contact@WealthDynamX.com.

If you’re a follower and have not read my book The Blueprint to Financial Freedom yet, that is the place to start. This book covers the specifics for each level in the various chapters and you can grab the book for free as my gift.

Click here to get a copy!

The Blueprint to Financial Freedom by Jerry Fetta

To Purpose, Wealth & Freedom,

Jerry Fetta

Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on 100+ podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O’Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.

Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.

Learn more at www.WealthDynamX.com

(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)