Latest / The Inner Wealth Podcast / Ep123. Monetize Your Passion and Never Need to Work Again.

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Ep123. Monetize Your Passion and Never Need to Work Again. · The Inner Wealth Podcast

• 0:03
  Speaker 1: This is Mike Kitco and I'm a small business owner just like you.
• 0:06
  Speaker 1: I'll never be a hustle, horror, grind guru, but I do believe in having it all health, wealth and a life full of love.
• 0:12
  Speaker 1: Struggle is not the goal and sacrifice is not glamorous.
• 0:15
  Speaker 1: I like the path of least resistance.
• 0:18
  Speaker 1: It just takes a shift in mindset and the beliefs you hold.
• 0:20
  Speaker 1: You believe that you need to sacrifice now to have what you want later, or do you believe that you can have it all all the time?
• 0:27
  Speaker 1: Does your beliefs create your outcomes?
• 0:29
  Speaker 1: I choose to feel wealthy, successful and happy every day and you get to choose for yourself.
• 0:35
  Speaker 1: Welcome to lead love, profit play, where small business owners learn and choose to have it all and choose to create success without distress.
• 0:48
  Speaker 1: I get to work with a lot of amazing people and I would say I am excessively, excessively and extremely blessed in this life.
• 0:58
  Speaker 1: Sometimes it's almost mind blowing that I get to wake up and be who I am and do what I do and work with the people that I work with and win in the process and create wealth and success for me and my family, but also help other people do the same.
• 1:18
  Speaker 1: What a freaking, blessed life and blessed, charmed life I have.
• 1:22
  Speaker 1: I want the same for you.
• 1:24
  Speaker 1: This isn't just about me.
• 1:25
  Speaker 1: This is why we're here.
• 1:27
  Speaker 1: This is why this podcast exists.
• 1:30
  Speaker 1: This is why interwealth global exists.
• 1:33
  Speaker 1: This is why I wake up every day.
• 1:37
  Speaker 1: It's not just so that I can continue to enrich my life and make my life more fulfilling, but it's also to do the same for you, and I would encourage you to take inventory of what parts of your life aren't clicking and do something different, because if you always do what you always did, you'll always get what you always got.
• 2:00
  Speaker 1: So anything that's not clicking in your life, you must do something different.
• 2:06
  Speaker 1: If you don't, you're living in a fixed mindset where a growth mindset it's like being willing to become a new person, being willing to do new things, being willing to make leaps that people with a fixed mindset won't.
• 2:21
  Speaker 1: And that's why people with a fixed mindset they struggle and they grasp and they hold on to what they have, because they're afraid that if they let go of what they have, then it'll go away instead of becoming more.
• 2:35
  Speaker 1: And people with a growth mindset know that we've got to let go of the need for security to have freedom.
• 2:43
  Speaker 1: We've got to let go of who we are to become more, we've got to let go of what we have to create more.
• 2:50
  Speaker 1: We've got to let go of how we think and feel and act and behave and choose and believe.
• 2:56
  Speaker 1: And we've got to let go of these things in order to evolve into the person that we get to become that's capable of creating what we want in this lifetime.
• 3:07
  Speaker 1: I get to work with a lot of amazing people, but, guys, gals, that's why we're here.
• 3:11
  Speaker 1: We're not just here to waste time together and we're not here just for you to listen to my voice.
• 3:16
  Speaker 1: If your life's not becoming more enriched through these teachings, then it might be because you're not taking action on the new insights and the new wisdom and the new knowledge that's being shared.
• 3:27
  Speaker 1: And that's why we're here for results, not just entertainment.
• 3:31
  Speaker 1: And I get to work with a lot of amazing people and I get to see these things, these principles.
• 3:38
  Speaker 1: I get to see them in action, and this morning we had our once a month.
• 3:44
  Speaker 1: I have a mastermind and I also have an inner circle, and the inner circle is a small subset of the mastermind, and these are the people that have created some time freedom and some financial freedom.
• 3:57
  Speaker 1: If you watch their bodies, there's a sense of peace and there's a sense of calm and there's a sense of relaxation, and they're hungry and they continue to create more wealth and more success, but they're doing it from a place of harmony and ease and freedom, not survival and struggle and stress.
• 4:21
  Speaker 1: And that's creation mode.
• 4:24
  Speaker 1: That's what the inner circle is all about.
• 4:26
  Speaker 1: There are people in creation mode instead of survival mode and there's some people still in the inner wealth mastermind who are in survival mode, looking for support and for wisdom and education of how to make the jump from survival mode into creation mode.
• 4:46
  Speaker 1: And that's what separates the two Time freedom, financial freedom and peace, internal freedom, whereas most of humanity is still living in a sense of survival mode, trying to avoid or trying to run away from these feelings of insecurity and inadequacy and insignificance.
• 5:08
  Speaker 1: So I get to work with a lot of people and see a lot of things and I got a really cool story for you.
• 5:13
  Speaker 1: I want to talk about one of my students.
• 5:15
  Speaker 1: One of these days I'm going to have this student on here.
• 5:20
  Speaker 1: Her name is Melanie Melanie Tucci.
• 5:22
  Speaker 1: Her last name is T-U-C-C-I.
• 5:25
  Speaker 1: I would encourage you you hear this story and if this story interests you and what Melanie does in the world interest you, I would encourage you to connect with her on Facebook.
• 5:37
  Speaker 1: She did give me full permission to share her story.
• 5:40
  Speaker 1: I would encourage you to look her up on Facebook or Instagram.
• 5:46
  Speaker 1: Melanie's tagline she's the travel tuch.
• 5:48
  Speaker 1: Now what, melanie?
• 5:51
  Speaker 1: The thing that's fascinating about Melanie's story is she loves travel.
• 5:57
  Speaker 1: Melanie absolutely loves traveling.
• 6:01
  Speaker 1: She has in the past, taken people on travel adventures.
• 6:07
  Speaker 1: Where she'll take people, she'll get a group of people and go to Europe or go to South America or go to a cool destination and take people on an extended trip and a hike with planned accommodations.
• 6:23
  Speaker 1: She really is a tour guide and a hike guide and a travel guide.
• 6:28
  Speaker 1: She's amazing at this.
• 6:30
  Speaker 1: Now, melanie entered real estate and started building a real estate business because she was looking for a way to fund more travel in her life.
• 6:43
  Speaker 1: Melanie was looking for a way to fund her passion, her passion being travel.
• 6:51
  Speaker 1: Now here's where this becomes fascinating.
• 6:56
  Speaker 1: She started the real estate venture to fund travel and at some point, she made a pivot where she started inviting people to go and to travel with her and she began to profit from her travel excursions and she began to make money by living her passion Pretty mind blowing right.
• 7:24
  Speaker 1: She entered real estate not because she loved it, not because it's something that she would get to do, not because it was a passion or an extreme interest.
• 7:38
  Speaker 1: It was a money maker for her and she did it to fund and fuel her passion.
• 7:46
  Speaker 1: And at some point her passion became profitable.
• 7:52
  Speaker 1: And here's where this story really gets cool is in a conversation, a coaching conversation, with Melanie and her fiance, enzo.
• 8:02
  Speaker 1: Enzo is a comedian.
• 8:04
  Speaker 1: He's an amazing comedian in the local St Louis area and he's doing more outreach.
• 8:10
  Speaker 1: But in a coaching conversation with these guys, I said Melanie, how much do you need to fund your life, your life and your lifestyle?
• 8:22
  Speaker 1: And I was talking about a dollar amount.
• 8:25
  Speaker 1: And when Melanie shared with me how much she would need to fund her life and her lifestyle, she gave me a number and I'm not going to share that number with you.
• 8:34
  Speaker 1: But I said how many trips would that be?
• 8:37
  Speaker 1: And she said six.
• 8:41
  Speaker 1: I said so let me get this straight If you planned six trips per year and if you booked those trips and you took people on these trips and traveled with your passion and you got the opportunity to live your passion, to fund your passion and fuel your passion through your passion you got to do all this.
• 9:11
  Speaker 1: It would only require you to take one trip to book, fill, plan and execute one trip every other month throughout the year.
• 9:24
  Speaker 1: She said yes, I said, and that would sustain your lifestyle and help you profit and you'd be good.
• 9:31
  Speaker 1: She said that'd be awesome.
• 9:33
  Speaker 1: And I said how many trips do you have planned right now?
• 9:35
  Speaker 1: And she said I have two.
• 9:37
  Speaker 1: And I said tell me about the bookings, your registrations, tell me about that.
• 9:46
  Speaker 1: Do you struggle to get people into your excursions or are you doing well?
• 9:53
  Speaker 1: And she said well, one's full, one's booked and one.
• 9:57
  Speaker 1: I still have a couple of slots left.
• 9:59
  Speaker 1: And I went holy crap.
• 10:01
  Speaker 1: So what you're telling me is you only need six, one every other month.
• 10:07
  Speaker 1: You don't have a problem filling these things.
• 10:10
  Speaker 1: And if you do six per month or six per year, one every other month, then you won't need to do things that you don't love doing in the world to sustain and to create your lifestyle.
• 10:26
  Speaker 1: And she said yes, and at this point I could look on Melanie's face and I could see that, like I could see the light bulbs going off and I could see the click moments.
• 10:35
  Speaker 1: And she said what's funny is and her fiance.
• 10:42
  Speaker 1: Now her fiance, enzo, was on a call too.
• 10:44
  Speaker 1: So I'm watching Enzo, I'm watching all this click for both of them.
• 10:47
  Speaker 1: And she said I got into real estate to fund the thing that's now like profitable and funding and I could see it that instead of having two schedules or two trips on the schedule, she could have six and she could eliminate the need to do anything that she feels like she has to do to fund her lifestyle and instead she can fully immerse herself into her passion.
• 11:13
  Speaker 1: And here's what's cool from that, guys, gals, is that passion is completely scalable.
• 11:24
  Speaker 1: Think about the opportunities.
• 11:25
  Speaker 1: She could do six herself, but if she starts to build a staff and build a team around that, she could get support to take a lot of that workload off of her and launch more excursions.
• 11:39
  Speaker 1: So all she would need to do is actually travel and lead the excursions and she could have a team that actually schedules and plans and do all the stuff that take all the things that Melanie might not like love doing, that she might need to do in the travel business in order to execute the tasks or in order to execute the travel.
• 12:09
  Speaker 1: She could outsource that and hire it away through virtual assistants and through a support team and through a staff, and she could scale that business where now, maybe, she's just once a month she's going on a travel excursion and she has a team of people that are filling these things, that are planning them, that are scheduling them, that are marketing them and all she has to do is do the thing that she loves to do and profit.
• 12:39
  Speaker 1: As we were talking through, you could see a whole new world open up to Melanie, and it's something that she says, admittedly, that she's always wanted to do.
• 12:51
  Speaker 1: She hasn't made the leap from what she feels she has to do to what she feels she gets to do.
• 12:59
  Speaker 1: This story is as much about Melanie as it is about you too, because whatever is true for one human being is true for all of us.
• 13:15
  Speaker 1: The opportunity that Melanie has is to be, head over heels, in love with a certain aspect of life and to monetize it and on our Inner Circle call.
• 13:32
  Speaker 1: This morning we were talking about Melanie's story, because Melanie is not in the Inner Circle when she makes the leap into this and she's living a life of time, freedom and financial freedom and she's like living life on her terms.
• 13:47
  Speaker 1: She will be, but it's crossing that chasm, it's taking that leap and this story that I'm sharing with you is as much about the opportunity that you have at your disposal just as much as it is about Melanie.
• 14:05
  Speaker 1: Now, this relates to me too, because I share.
• 14:10
  Speaker 1: The reason I get so lit up about the opportunity that Melanie has right in front of her is because I'm living that life.
• 14:19
  Speaker 1: I took that leap when I was in corporate and I was an executive leader and I was meeting with massive success.
• 14:28
  Speaker 1: I kept reaching for the next rung.
• 14:31
  Speaker 1: I never loved being in corporate, but I kept reaching for the next rung because it's what I thought I was supposed to do, it's what I felt I had to do.
• 14:39
  Speaker 1: So I kept reaching for the new rung until I was 300 pounds and drinking at toxic levels and suicidal and I hated my life and I hated going where I had to go and I hated doing what I had to do and I didn't enjoy working for people.
• 14:58
  Speaker 1: I didn't love any aspect of the corporate gig except developing people and developing teams, and I did 998 things on a regular basis.
• 15:10
  Speaker 1: So I could do two things develop people and develop teams and, for whatever reason, when I would develop people and develop teams, I would get lost in time, I would lose myself.
• 15:23
  Speaker 1: I was so fully immersed in developing people and developing teams that I would lose track of time and I would like miss meetings and I would get like it was like time didn't exist, because that was my passion, that was my zone of genius.
• 15:41
  Speaker 1: I could do it at a super high level with no effort.
• 15:44
  Speaker 1: I felt like no effort, with no struggle, with no stress.
• 15:47
  Speaker 1: It was like I was born for it and I was made for it.
• 15:52
  Speaker 1: So it didn't feel like work at all.
• 15:56
  Speaker 1: It just felt like I got to be my kit co and in that, in those activities, and I would always succeed and I would always win.
• 16:08
  Speaker 1: And you, when I made the leap from corporate into entrepreneurship and I didn't do it willingly, guys I lost two jobs in one in 2014 and one in 2016,.
• 16:21
  Speaker 1: I lost two jobs because my life was in shambles and I kept trying to go back to the same well, in the same executive level of responsibilities and I kept putting myself into situations that I hated because I thought that was the only way I could make money.
• 16:35
  Speaker 1: And when I got terminated that second time, I tried to get back into the corporate arena, but they wouldn't have me because my resume was Swiss cheese and because I was Swiss cheese, I had holes in my game all over the place and it's almost like I felt backed into a corner to build my dream and to finally do what I wanted to do in life.
• 16:59
  Speaker 1: It's like life was delivering consequences that forced me to build a life that I always wanted to live, a life of freedom, time freedom and financial freedom, and only do those things that I absolutely love, which is developing people and developing teams.
• 17:19
  Speaker 1: And if you ever pay attention to this podcast, they're not very edited.
• 17:23
  Speaker 1: The video, the audio, they're one solid clip.
• 17:29
  Speaker 1: I think I've only edited one episode of these podcasts and it was one interview where I completely lost my line of questioning and I just I was like I lost it.
• 17:39
  Speaker 1: I'll go back and fix it later and I think that was one episode that I edited because this is a zone of talent for me.
• 17:48
  Speaker 1: This is a Gay Hendricks in the big leap calls it your zone of genius.
• 17:53
  Speaker 1: This is a zone of genius for me.
• 17:55
  Speaker 1: This isn't something I get to do or I did I have to do.
• 17:58
  Speaker 1: This is something I get to do.
• 18:00
  Speaker 1: Creating content, putting inspiring wisdom into the world, isn't something that I have to do.
• 18:07
  Speaker 1: It's something I get to do.
• 18:09
  Speaker 1: Writing books isn't something I have to do.
• 18:11
  Speaker 1: Writing my blog isn't something I have to do.
• 18:13
  Speaker 1: These are things I get to do.
• 18:14
  Speaker 1: Jumping on my mastermind calls that's not something I have to do.
• 18:17
  Speaker 1: It's something I get to do.
• 18:18
  Speaker 1: Jumping on one-on-one calls that's not something I have to do.
• 18:21
  Speaker 1: It's something I get to do.
• 18:22
  Speaker 1: Running my workshops, running the inner circle calls, facilitating, helping people develop, working with leadership teams these aren't things that I have to do.
• 18:32
  Speaker 1: It's things I get to do, and people pay me well to do things that I would do for free otherwise, because they bring joy to me.
• 18:44
  Speaker 1: And that's when you know you're in your zone of genius is when things are effortless and you get to do them and people pay you and you would do them for free.
• 18:55
  Speaker 1: And Melanie is starting to find this.
• 19:00
  Speaker 1: Melanie is starting to make that leap.
• 19:02
  Speaker 1: She's those the T's are crossing and the eyes are being dotted, and she started to understand that she doesn't have to stay in situations and circumstances and force outcomes that she feels obligated to to have the lifestyle she wants.
• 19:21
  Speaker 1: She can live the life and the lifestyle that she wants now and profit from what she wants to do instead of like things that are obligatory, and it's starting to click.
• 19:34
  Speaker 1: It's starting to click.
• 19:38
  Speaker 1: I can see it.
• 19:42
  Speaker 1: There's a Japanese concept called Ikegai I-K-I-G-A-I, and I've been sharing the concept of Ikegai a lot and go on the Google machine and put in Ikegai image and you'll see what I'm talking about.
• 19:57
  Speaker 1: And there's four components to Ikegai.
• 20:00
  Speaker 1: There's what you love, what you're really good at, what the world needs and what you can profit from.
• 20:10
  Speaker 1: And when you put these four concepts together, you will never work another day in your life.
• 20:16
  Speaker 1: Let me go over those again what you love, what you're really good at, what the world needs and what you can profit from.
• 20:26
  Speaker 1: When you put these four components together, you will wake up every day excited to live life.
• 20:36
  Speaker 1: You will wake up excited every day because you, literally, when you live a life of Ikegai, when you're born and made to travel and it's your passion and you profit from traveling and when you're born to teach and inspire and motivate and build people and build teams, when you're born for that and you do it, you start to profit from just breathing.
• 21:03
  Speaker 1: And how can you not be fulfilled when you're profiting by breathing?
• 21:09
  Speaker 1: It feels like just being me creates profitability.
• 21:13
  Speaker 1: Melanie, when she makes this leap, all she needs to do is be Melanie Tucci and she'll profit.
• 21:20
  Speaker 1: How cool is it?
• 21:23
  Speaker 1: Just by profiting because of who you are and because of what you love.
• 21:30
  Speaker 1: Not everybody that is in my world is living from a place of Ikegai, but my ambition is to help people move closer and closer to Ikegai, like each and every day Now in my inner circle.
• 21:48
  Speaker 1: Call one of our members, one of my peeps, said there's some passions that I have that I don't want to profit from.
• 21:57
  Speaker 1: And, fair enough, you might have three or four things that you profit from or that you have passions for, and there's some things that you might be passionate about that you don't want to make your profession, your career, your mission.
• 22:12
  Speaker 1: You just want to enjoy them as a passion project.
• 22:17
  Speaker 1: Got it?
• 22:18
  Speaker 1: I'm with you.
• 22:20
  Speaker 1: But you know, I would encourage you that if you have a bunch of passions that you're not monetizing and then you have this thing over here, you do out of obligation and out of insecurity and out of inadequacy and out of insignificance.
• 22:36
  Speaker 1: You're trying to feel safe and you're trying to feel like someone and you're trying to become somebody by this career path.
• 22:43
  Speaker 1: Meanwhile, you're needing to escape the Monday through Friday career path and go over and live your passions.
• 22:51
  Speaker 1: I would encourage you to find out how to monetize those passions so that you can stop doing that thing that feels like obligation, that's built on insecurity and adequacy and insignificance, so that you can go and live fully in inspiration.
• 23:05
  Speaker 1: That what I'm basically telling you is how to shift from survival mode to creation mode, because there's an energetic difference and you know within the first minute of waking up whether you feel like you're in survival mode or if you feel like you're in creation mode because one is, oh my God, I have to wake up.
• 23:26
  Speaker 1: The other one is oh my God, I get to wake up.
• 23:28
  Speaker 1: You look at your calendar and in survival mode, you have to do things, and in creation mode, you get to do things.
• 23:36
  Speaker 1: In survival mode, you're trying to.
• 23:41
  Speaker 1: You're trying to, you're living life, to try to feel something different than you're feeling right now, and in creation mode, you're already feeling fulfilled and you're just trying to amplify that fulfillment.
• 23:55
  Speaker 1: Please understand the reason for this podcast and the reason for personal development and the reason for you know the self-help world and the reason for you know coaches and speakers and authors.
• 24:09
  Speaker 1: If they're in integrity.
• 24:11
  Speaker 1: It's so that your life gets better.
• 24:13
  Speaker 1: It's not just for the benefit of our own lives and, trust me, through all the work that I do, my life improves and our wealth improves and my fulfillment increases and our family's lifestyle improves, sure, but everybody in my life and everybody in my world, the goal is for every day their lives to get just as wealthy, just as successful and just as fulfilling, even more so today than yesterday and the day after to keep adding and compounding on wealth, success and happiness and freedom and fulfillment in life.
• 24:54
  Speaker 1: And if you're not moving closer and closer to Ickeguy what you love, what you're really good at, what people need and what you can profit from, if you're not moving closer and closer to Ickeguy as your, as your states of income and your primary financial vehicles, then you might be living in survival mode and not creation mode.
• 25:17
  Speaker 1: And you only get one chance in this lifetime.
• 25:21
  Speaker 1: You've got 80, 90, 100 years, 70, 70 to 100 years.
• 25:26
  Speaker 1: You've got somewhere in that, in probably that domain, if you know, if all things considered, I guess, but there's no do-overs why would you build a life based on survival if you know you're going to die?
• 25:46
  Speaker 1: We all are going to die.
• 25:48
  Speaker 1: Why would we live any second of life?
• 25:51
  Speaker 1: To just survive instead of the thrive.
• 25:53
  Speaker 1: And in survival mode, you're just trying to overcome the inevitable You're going to die.
• 26:00
  Speaker 1: But when you're in survival mode, you're literally just trying to survive.
• 26:03
  Speaker 1: When you're in creation mode, you're trying to see what's really under your hood and get the very best out of yourself and out of what life has to offer.
• 26:12
  Speaker 1: And in creation mode, you're learning how to profit just by being yourself and breathing.
• 26:21
  Speaker 1: Doesn't that feel a whole lot better than just waking up to survive?
• 26:26
  Speaker 1: Listen, melanie has an awesome story.
• 26:29
  Speaker 1: I would encourage you to connect with her on Facebook.
• 26:31
  Speaker 1: Melanie M-E-L-A-N-I-E-T-G-T-U-C-C-I.
• 26:37
  Speaker 1: She's the travel tuch.
• 26:39
  Speaker 1: She's got a couple excursions coming up.
• 26:41
  Speaker 1: I want to make sure that I share her business, because she allowed me to share the nuts and bolts of her story and we're going to make a little more progress and then we're going to get Melanie on this podcast so she can tell you the story.
• 26:57
  Speaker 1: Love you guys.
• 26:58
  Speaker 1: Move from survival mode to creation mode.
• 27:00
  Speaker 1: Nobody gets out alive.
• 27:01
  Speaker 1: Stop trying to survive and make the shift into full fulfillment and freedom.
• 27:06
  Speaker 1: If you enjoyed what you heard and you want to learn more, go to wwwinnerwealthglobalcom for more tools and resources.