Money Mindset is something to be worked on.
I know you’ve heard it a million times in the online space that money mindset is something to be worked on. For a lot of new entrepreneurs, that phrase goes in one ear and out the other.
What the heck is a money mindset, what’s wrong with mine and why do I need to work on it to succeed?
Isn’t marketing and a great service enough to succeed in business?
I honestly wish it were that simple but it’s not.
Your money mindset is your overall attitude toward money, wealth, finances, etc. and if you have a negative view on those things, how do you think this will show up in your business? Can we say hello to undercharging, trading time for dollars, or not even asking for the sale?
I’m willing to bet that’s not something you’re into but I bet you’ve been doing some of these bad habits.
I’m betting there’s a number you wish you could charge but there’s something holding you back. Am I right?
That’s a money mindset problem and so let’s address it.
If you grew up in the United States you probably heard this advice, “get good grades, go to college, get a good job, work for 40 years, retire with pension and then do everything you’ve ever wanted.”
It sounds so insane when I say it out loud yet most of us have subscribed to this very notion. We bought into this lie that we had to work 40 hours a week for someone else to collect a wage they saw fit and put all the fun in our lives on hold until we retire.
I don’t know about you but I intend to enjoy my 20’s as much as I enjoy my 70’s and in order to do that, I can’t hold myself back which meant I had to do the work.
Here’s the thing though, the work never stops.
Every single level of business I reach, I need to do mindset work and it’s not just me.
Here is a prime example. Emily Williams of I Heart My Life once told a story about her own struggles with money mindset during a webinar she ran. She talked about how even though she makes 7-figures, she was in a hotel and they had chocolate in the mini-bar for $18. She had to seriously stop and think about it before she bought it because she didn’t know if she deserved an $18 bar of chocolate.
It doesn’t matter where you are in business, the work has to continue so I’m asking you to check yourself next time you have a money issue arise.
Ask yourself where it’s coming from.
Ask yourself if what you believe is true aka rooted in fact and not just opinion or societal norms.
Here are some things to lookout for when trying to determine where your money mindset is at.
Do you see opportunities or blocks?
Believe your income goals are achievable or are they “crazy?”
Do you value asking for help or are you doing it all alone?
Believe that small, simple steps can help you hit your goals or does it need to be one giant actionable step?
Do you cringe when raising your prices?
Do you get nervous asking for the sale?
Have you ever lowered your price on a discovery call just to make the sale?
Do you focus on the problems or the solutions?
Seriously take some time to answer those questions because if you’ve said yes to any of these cringe worthy questions, it’s time to stop and address.
When we take our money mindset into our own hands, we start creating a new reality. We start creating the world we want to live in, we begin seeing things with fresh eyes and we have a renewed sense of confidence.
Ladies, we have to stop holding on to old habits and stories that no longer serve us in order to grow. We have to let the old nonsense go in order to thrive in our businesses and our lives.
So, it’s time to do the hard work now so we can reap the benefits later. I promise when you take the time to work on your money mindset, amazing things happen.
You start really valuing yourself, you start seeing your worth, you stop trading time for dollars and start trading value., you start loving yourself more and you become happier.
And that’s what it’s all about ladies.