When asked if you would rather be wealthy or famous, how would you answer? Are wealth and fame the same thing?
According to studies, the vast majority tend to say fame when asked if they prefer wealth or fame. When asked why they choose fame, the answer in response is usually another question- “Well, aren’t they the same thing?” They are NOT the same thing. You don’t have to be wealthy or famous to understand the differences and concepts of each. Ultimately, there are three key differences between wealth and fame and we are here to enlighten you.
3 Key Differences between Wealth and Fame
Wealth Comes from Goods and Services
You receive money from selling a product or from offering a service. You have to give something to get something. For example, stocks are traded all the time or you give your time to your 9 to 5 job every day in exchange for money. You can’t go into a bank and expect them to give you money because you have a strong social media presence or a lot of popularity. This just doesn’t equate to wealth. Not all social media influencers are making it big financially due to their fame. However, there are ways to heighten your wealth through social media popularity and strong online presence. In this case, you are leveraging your audience with your services and/or goods. You don’t have to grow your following first to necessarily earn a profit. Your services and goods should have a reputation that draws an audience to you.
Wealth Is Something That Is Spendable
You can withdraw 10 million dollars if you have 10 million dollars. You cannot spend followers (social media presence). Followers do not put money in your pocket. People are doing so many things to be famous. They want to feel significant, it is an essential human need. Everyone wants to feel like they matter. The best way to feel this way is to offer something of service to your fellow man. We’re not here just to consume. We are here to create. Wealth is spendable. Services can be rendered. Goods can be used. BUT fame- well, it just sounds nice.
Wealth Can Get You Fame but Fame Doesn’t Necessarily Get You Wealth
To start with an example, Gary Vaynerchuk has a phenomenal social media reach so people tend to think he is rich because of his social presence. However, he has a phenomenal social presence because he was already wealthy from investing in companies such as Facebook, Twitter and Uber. He took action and invested in products, goods and services. There is also Kevin O’Leary a.k.a. Mr. Wonderful from Shark Tank whom is deemed rich because he has a master portfolio that includes investing in real estate, services and goods, among other things he believed in. These successful entrepreneurs chose to invest in themselves. Because they exchanged goods and services to amass wealth they used that in smart ways to leverage their social platforms for a wider audience. Now they are famous and built legacies for themselves.
Offering goods and services is a selfless act because you are opening up ways and creating opportunities to improve each others’ lives. You’re taking the wrong approach if you think to yourself “God, I need to gain more followers.” Instead, you should be thinking “How can I help more people,” “How can I reach more people to help them,” “How can I be of greater service to more people?” With that mindset will come the wealth and fame. Find out more on this topic by watching this episode of Coffee with MoJo and becoming a MoJo Insider by hitting that subscribe button! We promise you won’t be disappointed.
Facebook Post- What means more to you- fame or wealth? We’re sure you are thinking that being famous and wealthy equate to the same things, but guess again! Learn the key differences between these terms by watching this special episode of Coffee with MoJo.
Twitter Post- Wealth or fame? Are they the same? NO. Learn the difference by watching this episode of Coffee with MoJo and subscribing to be an Insider.
In the age of social media, everyone raves about the laptop lifestyle and entrepreneurship like it is the end all, be all thing. Guess again because it takes hard work, determination and even investing.
There are many reasons to have a job. I mean, after all we must make some kind of money if we are to survive these days. Nevertheless, is it worth it to quit your job upon entering the entrepreneurial world? Since we do not know enough about you yet to answer this question with certainty, we have decided to supply you with the three main advantages that come with having a 9 to 5 job.
3 Benefits of Having a Job
Stay In Your Job If You Love What You Are Doing
First and foremost, ask yourself “Do I love my job?” It is extremely important to LOVE (not just like) your job. If you feel anything less, you may want to explore new career options. As discussed in a previous video, we informed everyone of the 12 fundamentals of wealth. Money was at the very bottom of the list. Why? Because the fulfillment and happiness you get from your line of work should be at the top of the list. You don’t need to quit your job to smartly leverage yourself online and you don’t necessarily have to dedicate all your time and energy in the online business world if you are fulfilled in your current career. There’s nothing wrong with looking for an earning cap and to increase the amount of money you earn while employed. It’s a beneficial to have a job that nurtures your soul.
Stay In Your Job If It’s Providing You Stability to Find Your Purpose
You need to earn some money while you figure out your purpose. Keep a job until you find what it is that you want to do. A job brings in stability and income to pay for things like a roof over your head, food, etc. You need money to get by in life. So manage your time wisely while you figure out what it is you truly want to do. A job gives you the ability to spend the rest of your day exploring your purpose. If you have to know when your workday ends, a job is great for that. The entrepreneurial online business life blends together your home and career life.
Stay In Your Job If You Figure Out a Way to Leverage It To Fund Your Side Hustle
The entrepreneurial life requires capital. Your job can help you save or to invest in coaches, courses and seminars in relation to the online business you dream of. Let’s be honest- starting a business will cost money. You cannot start a business for free (although there are free ways to build up your content and to leverage online as Molly teaches in her course the Income Amplifier). The course is not free but it is an investment in yourself. Ultimately, you need money to leverage your life and get where you want.
Unless you deeply love your job, you are building someone else’s dream. So if it’s less than love- build your own dream and quit the job! Invest in the right people, developments and courses to make your dream of online success a reality.
Start by watching this episode of Coffee with MoJo and by subscribing to become a MoJo Insider for more wonderful tips and advice on becoming a successful online entrepreneur.
Facebook Post- Want to quit your job to become an online entrepreneur? Don’t turn in your two week notice just yet! Watch this episode of Coffee with MoJo to see how having a job might help you reach success as an online entrepreneur.
Twitter Post- Dream of online entrepreneurship success? Don’t quit that 9 to 5 just yet! Watch this episode to see how a job might be advantageous to your dreams.
Of course, it a lot easier to let the outside world dictate how you are and who you are but there is absolutely a better way. You have the freedom to choose your legacy and we will show you how.
In order to be successful in any line of work or area of life, you must have a positive self-image. Fortunately, there are many ways you can view yourself in a better light. Your self-reflection will only encourage a more fruitful life if you learn how to develop a better image of yourself.
3 Things You Must Do In Order to Develop a Better Self Image
The World’s a Stage and We Are All Actors
You’re probably wondering how having a positive self-image is so important. Although there is nothing necessarily wrong with having a poor self-image, positive mindsets lead to positive things. As Hamlet by Shakespeare said, “There is nothing either good or bad, but thinking makes it so.”
Something to recognize if you’re in a space where you’re not happy with how you look or how you feel is that you have the power to make the change. Try to view yourself as an actor. You are either going to play the lead role or the supporting role. Look inward to improve your self-image if you wish to gain the respect you want from those in the outside world. Never idolize unrealistic expectations. You can only be you and you can only fulfill what you are capable of. Remember, that you are beautiful, unique, amazing being and you have the power to control how you view yourself as well as how others view you.
Create a New Avatar
Ask yourself “What do I want to become?” Write down the things you wish to be whether it is an athlete, musician, entrepreneur, etc. Create a person- a role for yourself. By taking inventory or your characteristics, priorities, your passions, your dreams and choosing to reshape that Avatar, you are creating the role you want to play.
Imagine Life Walking In a New Avatar’s Shoes
Ask yourself what your Avatar’s routine might look like on a day to day basis. Do they wake up every morning at 5 am? Do they start their day by going to church first? Do they find ways to consistently grow their success? Are they working out every day? Will you find happiness living this life you dream of?
Don’t get caught up thinking that your past, parent’s financial situation growing up, or past decisions define who you are. The only thing that defines you in this very moment is YOU. You have the power to change your Avatar at any time. Not just physically, but more importantly- inward.
Watch this video and if you’re still not satisfied, you can learn even more by subscribing to become a MoJo Insider so that you can gain VIP access and insightful weekly newsletters!
Facebook Post- Feeling the blues? Stop letting your self-image deteriorate and allowing others to determine who you are. Develop a better self-image with the helpful tips you’ll find in this episode “How to Create a Better Self Image” on Coffee with MoJo.
Twitter Post- Self-loathing? Stop it! YOU are worth more than you think. Create a better self-image with these 3 easy steps inside this episode of Coffee with MoJo.
Sometimes the choices we make can make us feel confined sort of like being in some kind of interstate prison. Know this- there is a way to break free from your own prison.
Most certainly, there is a way to breakout from the bars of your own prison. Having the freedom to do the things you love and to enjoy life as you would like to is something that we all strive for. Fortunately, there are ways to have more freedom in your life. All it takes is knowledge of these three freedom hacks to make your life even more successful and enjoyable.
3 Breakout Freedom Hacks to Make Your Life Even Better
You Are he Warden In Your Life
We are the ones who create our own prison. We are the ones who put ourselves there. You mind may easily get wrapped up in things that you should be doing or where you should be in life but you have the ability to control those thoughts and to achieve the things you desire. For example, you may make poor financial decisions like buying the latest tech toy for your nephew when it’s actually out of your budget, or you may limit yourself by sacrificing your time and own dream to help someone else achieve theirs. Don’t go above and beyond your financial means or time if it requires you to make unhealthy sacrifices.
Take Stock of Things Imprisoning You
Identify the jail cells in your own prison. For instance, if you don’t have enough money for that car, don’t buy it. It’s that simple. If you don’t have enough money, look at what it is taking that money from you. If you don’t have enough time, look at the things that tend to take up a lot of your time.
Turn the Key and Break Free
It’s time to take action. Remember, that you are the warden of your own prison. Once you have identified what it is holding you back from finding the freedom you yearn for, take action to change those things. For example, people in Los Angeles (and everywhere in the world) have a tendency to spend more than they can afford. As David Ramsey likes to refer to this as “Los Angelitis.” Take that fancy car back and get something within your financial means. Stop spreading yourself thin for others and take time for yourself. Say no to events, people and things that may encourage you to sacrifice the time you spend on YOU. Even if you perceive these things as good or helpful, take a step back if they’re holding you back from doing what it is that YOU want to do.
Invest ten minutes in yourself by watching this episode of Coffee with MoJo to learn more about “How to Create Freedom In Your Life.” Don’t forget to subscribe to become a MoJo Insider for further lessons, tips and advice you won’t find anywhere else!
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Twitter Post- Invest 10 minutes of your time to see how 3 easy steps will help you gain freedom. It’s time to break free from your mind’s imprisonment!
Need a new morning routine that's sure to start your day off right? Then pour yourself a hot cup 'o joe and join Molly Ann Luna & her husband Jovan as they discuss everything from finances, goal setting, leadership development, success and much more. Your morning just got a whole lot sweeter!
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