Has this ever happened to you?
You are going along, going along and suddenly…
you have one of those lightbulb moments where everything gets clearer…
there are still some shadows around the edges but your new realization changes everything!
This is how I felt when I discovered that I was stuck in a “just enough” money mindset and that this mindset wasn’t stopping me from making money, it was stopping me from keeping the money I was making.
In my first job out of graduate school I was teaching at a private school for troubled teens in Northern California. I was making $36,000 a year and it was the most I had ever made.
When I started my first business, I realized I was stuck on that number and even though my company was grossing hundreds of thousands of dollars, I wasn’t making much: I was still stuck at that five-figure mindset.
Then when I started my coaching business, I hit a new wall. It had been so easy selling advertising or booth space or event sponsorships when I owned my publishing company but when it came to selling coaching I felt like I was selling me.
Yikes! I had to step up my self-confidence and I had to heal my relationship with money so that I could get past my limiting beliefs about how much I could receive. Money would flow through my fingers like water.
Even though I had a doctorate from Stanford University, had won multiple awards as an entrepreneur and published two best-selling books, I still had money issues. I was stuck in just enough land.
I discovered the best way to break through the “just enough” mindset is to get crystal clear about what you want and why.
I realized that even though I was supposedly building a for-profit business:
- I was emotionally and tactically disconnected from money.
- I didn’t want to pay attention to it.
- I struggled with why money should be important to me.
I was determined to not make the same mistakes with my coaching and training business that I made with my publishing company! But that wasn’t a big enough WHY to keep me motivated or to help me connect emotionally to money.
After some serious grappling, wrestling and deep thinking, I had another lightbulb moment when my husband said that he wanted to leave his job.
For that to happen, my business had to make enough money to support our family. Wow! Talk about pressure… and excitement. I knew I could do it.
So we created a 5 year plan to get him out of his job. About one year into that plan, he quit his job to come work with me full time. Our big WHY was about so much more than just financial security. We took some big risks and it has paid off.
Without clarity that I was stuck in the “just enough” money mindset, I would have continued to spend what I was making and not focus on saving, investing or contributing to the the family income. I could have kept just going along without paying too much attention to the details.
This turning point in my clarity and my commitment has made all the difference.
Is it perfect?
Are we getting closer to our dreams?
I invite you to explore your “just enough” money mindset.
If money just seems to pour out of your bank account, no matter how much you make, so that you are always left with just enough, then I invite you to pause, take a deep breath, and ask yourself:
- “What is the story behind this mindset?”
- “What do I want instead?”
We cannot break through our limiting beliefs around money until we notice them and bring them into our consciousness. And if you know you need more support around money mindset, you might be interested in taking the Sacred Money Archetype assessment we are offering as part of spring “More Creativity, More Business” bundle.
In this enlightening and empowering assessment, you not only discover your personal money archetypes but also learn why you relate to money the way you do. This tool turned my life and my business around and I am excited to share it with you. Learn more here.
Shifting your money mindset from “just enough” to “I always have more than enough” is a powerful step towards creating financial security in your life and your business.