Abundance Bound Web Banner
Abundance Bound Newsletter Volume II, issue 6
May 5, 2006

Here at Abundance Bound, we look forward to each newsletter as an opportunity to provide you with information we hope will be of value. We welcome your questions, comments and suggestions for future article topics, and hope to meet each one of you in person at our upcoming seminars and events!

in this issue
  • A Note From Miata
  • Stepping Outside the “Financial Box”
  • Upcoming Events

  • A Note From Miata

    I had an interesting (and disturbing) conversation with a business colleague of mine recently. She is good friends with an acting coach and had raised to him the idea that Abundance Bound could be a beneficial resource for his students. His response was immediate and dismissive: "My students are all broke waiters and waitresses. They don't have the money for something like that." Wait a second - I thought to myself. As artists we find money for classes and workshops to better our craft, for mailings, and for numerous other things we hope will promote our careers. Why wouldn't we also be willing to invest in our financial education, in order to develop the tools necessary for creating financial independence? Wouldn't this allow us to approach our artistic careers from a freer and more powerful place?

    This got me thinking about the fact that we as artists find ourselves in a seemingly unending negative financial cycle. We hear from others that artists always struggle financially. We accept this as truth. What we accept as truth almost without fail becomes our reality. Therefore, most artists ARE struggling financially. Which brings us back to why this is often stated as fact.

    So how does this cycle get broken? How do we start to shift the paradigm that says artists must always be starving? What I found sad about the conversation with this acting teacher is that he seemingly had no hope that things could ever be different. Because he has simply accepted that his students will always be poor and struggling, his mind is basically closed to the possibility of any opportunity to change that.

    So here's the truth. 1. We can pursue artistic careers and SIMULTANEOUSLY build financial security. 2. You DO NOT have to have money before you can start this process. So why don't more of us do it? Because we as artists have decided as a group that it's not possible, and/or we have allowed other people in our lives to decide that for us. The final thing is that we haven't had the resources, the examples and the guidance to begin the journey. Abundance Bound is here to change that.

    Until next time - to your prosperity!

    Miata


    Stepping Outside the “Financial Box”
    Stepping off Cliff

    The title of this article is significant for two reasons. Firstly, because it defines the type of box that so many of us find ourselves in, and second, because the idea of “stepping” demands action. Thinking outside of the “financial box” is simply not enough, although in the beginning it is probably precisely the thing to do. Sound confusing? It is really more straightforward than you might think.

    First of all, what is the “financial box”? It is the financial stereotype that has surrounded the image of the artist/ actor (and many other people) for decades. It is the line of thinking that brings about images of the starving artist or the actress working nights as a waitress to make ends meet. It is what keeps most of us struggling with money our entire lives.

    Now, why isn’t it enough simply to think outside of the “financial box”? Because you need to take action. Without that nothing will change, and no one else will do it for you. No matter how much help you receive from others, you are still the one who has to make final decisions, you are the one who needs to decide how to invest your money, and you are the one who needs to organize your business so that you come out on top.

    However, as mentioned earlier, in order to step outside of the “financial box” you will most likely need to begin by thinking outside it. The majority of us likely made the decision to become artists when we were young, even when we were still children, and unless we were fortunate enough to have extremely supportive parents we were probably given very negative financial messages from the beginning around this choice. Messages like: “How will you support yourself”, “Artists don’t make any money” and the all time classic “You ought to get a good education and just find a real job”.

    The problem is that when children, or anyone for that matter, hear a message often enough, they begin to believe it is true. And, as children, we were hearing these messages from the authority figures in our lives. What our parents say to us often as children stays with us when we are adults, so that even if our minds know differently, our hearts do not.

    This means that we need to begin by changing some of these negative messages. There is an exercise centered on money that we frequently ask participants do during our seminars. Here’s how it goes: we have the participants call out any negative statements or messages they know of that center on money (and we never have any problem filling the page). These are messages such as: “Making money is hard”, “We can’t afford that”, “Money doesn’t grow on trees”, and “People who focus on making money are greedy”.

    Next, we ask students to call out empowering, positive statements about money. There is always complete silence.

    Now it is your turn. Whenever you remove a negative thought or message, you need to put something in its place. This week, try this exercise on your own. List five negative thoughts or statements you make or have internalized about money. Then list five empowering statements you could use in their place, e.g. “I have to work extremely hard if I want to make money,” vs. “Money flows easily into my life”. After writing these statements down, say them aloud. Then look in a mirror and say only the positive statements. Make the positive statements affirmations. The positive statements may feel completely unnatural, and they may not even be true at the present time, but say them anyway. Say them every day, and especially when you catch yourself making one of the negative statements. I find it useful to say: “That thought is trying to trick me, and make me unhappy. I dismiss it”, and then instantly repeat the positive counter.

    Change begins with us, and it takes a conscious effort to make that change. When you start this exercise, remember that you are alone, and that there is no one watching you. You will still no doubt feel ridiculous but, if you persevere, you will slowly change the recordings you have in your mind from when you were a child. Once you begin to alter this internal programming, you will be able to take action and move from thinking outside the “financial box” to stepping outside it. Then you will begin to see major changes in your financial reality, and then you will start to be free.


    Upcoming Events
    Money Puzzle

    From Starving Artist to Money Magnet: A Step by Step Guide to Freedom & Prosperity for Actors, Artists & Creative Professionals

    Saturday, May 20th – Studio City, California 2:00 PM to 5:30 PM

    It is easy as artists to believe that we can wait to really learn about money until the time comes that we are making a lot of it! This mindset can quickly trap us in a cycle of financial stress and struggle. In this class, you will be taught how to combine financial literacy with confident leadership so that you can accelerate your wealth and riches, materially and spiritually.


    Miata Photo

    Through the utilization of a powerful, straightforward, step- by-step system, it is our company mission to help actors, artists and other creative professionals realize that the true road to fulfilling artistic goals and dreams is first through the development of financial stability.

    Our customers will experience our company's commitment to integrity, to learning and to providing all who come through our doors with significant amounts of information, leading to definite, forward moving, wealth building action.

    Miata Edoga, President & Founder

    Quick Links...

    Visit AbundanceBound.com

    More About Us

    More Events

    Register for a Free Strategy Session!



    Join our mailing list!
    phone: 800-768-0281


    Abundance Bound, Inc. | P.O. Box 46517 | Los Angeles | CA | 90046