Tuesday, May 5, 2020

The 5ers Club

The 5ers Club: Giving back one sale at a time



I feel like only when I moved to Colorado did I become "money conscious." There was always a want to earn a lot to give a lot but there was no clear plan of how to earn it or how to give it. Bottom line, I didn't care about my finances yet wondered why I was broke. Then I got turned onto a book called "Secrets of the Millionaire Mind" and with it came a new perception of what kind of life is possible. Having all your expenses and lifestyle desires paid for with passive income? I didn't know "financial freedom" was even possible until I read that book. It had a really profound effect on me so I researched more about the author, T. Harv Eker.

The more I found out about him and what he offered, the more my mind expanded in terms of what is financially possible in this life. One important lesson was being able to literally divide and conquer with your money: have goals for specific amounts in specific accounts or "Jars": Necessities, Education, Fun/Self, Long Term Savings For Spending, Long Term Savings to Grow, Emergency, and Giving. The last one really struck me and even though it was only really small amounts to start with, I began setting aside money to specifically donate to good causes. As I did, I started earning more money than I ever had before. Coincidence? I think so.

I love the practice of having a set amount aside to give in my personal life, and I wanted to apply the same principle to my business life. Largely thanks to the spark from the "Jars" system, The 5ers Club was born. My desire for The 5ers Club is to have it grow into a large network of artists, creatives, and business alike that agree to donate 5% of their profits to non-profits. Although not everyone in the Club has to take this approach, the non-profits my band Alpha Pegasi gives to are like the band members themselves in AP: some will be consistent for periods of time, sometimes it might be a complete change in lineup, or perhaps even one raising funds for one specific non-profit with one specific item, sale, or event. At it's core Alpha Pegasi will always be donating to a local, national, and international non-profit each year. Currently and through 6/20/21, the organizations AP gives to are:

1) Conscious Alliance - feeding families in communities that need it most, especially through working with musicians and artists.

2) The Sierra Club - protecting wildlife and wild places

3) Charity Water - bringing clean and safe drinking water to people in developing countries

And that's the story of The 5ers Club! For more information about it and how to join, please email mgmt@mitchmelodia.com

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