GlennDanker's Blog

Just had an Awesome weekend at Millionaire Mind Intensive (MMI) conducted by T Harv Eker last week from 13 to 15 November. Therefore, I am writing this blogpost to share my experience and what I learnt from MMI.

The day started off queueing up to register for my ticket. As expected, this seminar is packed with about 5000 people. I met a few friends there and after registration, I went on into the Singapore Expo Hall to get a seat. The Expo Hall was so packed that the staff had to bring out more chairs for people to sit.

The day started off with Adam Markel welcoming us to MMI and also introducing himself as well as T Harv Eker. T Harv Eker came out and talked about his famous phrase which is “Give me 5mins of your time and I can predict your financial destiny”. He explained that the wealth of a person is dependent on his money blueprint and if one’s money blueprint is not set to be high, no matter how much money one earns, the money will just disappear. So before making any changes in my money blueprint, I must be aware that of what I am thinking  abut money. Therefore,  I did a money association exercise to find out what money meant to me, what is the image of rich people and what wealth mean to me.
Some questions which were asked:
“Money is …”
“Rich people are …”

So depending on your answers, you will be able to know what are the limiting beliefs or negative thoughts you have about money, wealth or rich people. With a very negative mindset about money, wealth and rich people indicates that your money blueprint is not set for success as you are very negative when it comes to money. One negative answer would be “Money is the root of all evil”. Though there may be some people who are corrpted by money but money does not lead everyone to being evil. If you think money is the root of all evil, ask yourself these question. Why are people working in job? Why are charity organisations asking for donations?

Also, I did a belief questionaire where I discover about what are the exact limiting beliefs I have towards my success.  I had this limiting belief when I did the questionaire which is ” I don’t need to manage my money because I hardly have any.” This limiting belief caused me not to manage my money I have now because I used to belief that only when I have lots of money then managing money is important. I learnt that this belief had held me back from my path to financial success because managing money should start from very little to a lot and it is not a huge jump.

T Harv Eker shared the Financial Freedom Formula which is:
F.F = P.I> E
Financial Freedom = Passive Income greater than Expenses
Finacial Freedom means being free from money worries as you have enough or more than enough.
Passive income is income which comes to you automatically without you having to work. For example, interest, dividends and rent
Expenses is what you spend.
This formula is so simple and yet it makes so much sense. Therefore, for us to be financially free, we have to have enough passive income so that it can cover our expenses.

T Harv Eker shared 2 ways on how to get passive income

Strategy 1- Building a Giant Golden Goose To Buy Passive Income Vehicles

In strategy 1, we have to save and accumulate a lump sum of money which is known as the Golden Goose so that we can a vehicle that produce Golden Eggs which is passive income .
As many people say make money work for money, therefore, for you to have money working for you, you first need money so that that money can work for you. From there, the money generated can be used to purchase more passive income vehicles like vending machines, atms and real estate.

Strategy 2- Create or Build Your Own Passive Income Source

In strategy 2, we can earn passive income by creation or building one. The usual one is building a business with a system. Notice why I said building a business with a system and not just building a business. This is because a system allows you to systemize your business in a way where it can work with or without you. A business without a system is just like someone who is working in their own company and thus, the income earned is active and not passive.  To find out a business that gives passive income, Click here

All in all, from MMI, I learnt a way to manage my money more efficiently and I have overcomed most of the fears and limiting belief I had in the past about money. Also, I enjoyed this seminar as I made new friends and we had fun learning all together.

This is a seminar worth going if you would like to have a millionaire mind, change your money blue print or simply want to manage your money better.

Below are some picture from the seminar:

T Harv Eker

My MMI Materials

Adam Markel

Myself (Glenn Danker) at MMI

• Everyone Promotes! What Are You Promoting? (from Secrets of the Millionaire Mind)