You know that feeling when you walk into a dark room and you can’t see anything? Well that’s what it’s like when you try to grow your small business into the next level with a money mindset issue.
You can’t see the opportunities that are right there.
Our mindset has a huge impact on the level of success that we can achieve. When you have the right mindset, you make choices that generate a much higher caliber outcome. When you elevate your mindset, its like your mind “graduates” to a new playing field of infinite possibility.
When business owners come to me with money challenges, the number one thing that’s blocking their ability to generate more revenue is their thinking. Or to be more specific, the beliefs they have about making money. One way to quickly shift a money problem is to adapt a new level of resourcefulness. Being more resourceful is a way of expanding your options quickly — because you let go of your current limits of what’s possible to grow your business and increase cash flow.
Here are Six Fast Mindset Shifts that can open up new doors quickly:
1. Refocus on What IS Working
It’s super easy to get caught up in problems and issues – especially when cash flow is problematic. One of the fastest ways to right your ship is to focus more of your time and energy on what is working. For my clients that means uncovering your Unique Profit Amplifier. This is an offering that is the easiest to sell — and attracts your BEST clients in the process. If you don’t know what that is, then start by focusing on ANYTHING that is working in your life and business. Shifting into gratitude changes your perspective and it will lighten your stress levels. It can be hard to uncover your best growth strategy when your mind is full of worry and angst. Train your mind to focus on what’s working you’ll start to feel lighter – which is important when it comes to seeing opportunities.
2. Cultivate an Investment Mindset
Our mindset around our business expenses can have a HUGE impact on every growth opportunity you are facing. Most entrepreneurs look at business growth expenses as a COST. Yes this money is leaving your bank account. But if you adapt a Thriving Money Mindset you will see that every outdoing dollar is actually an investment in YOU achieving your desired outcome. By shifting your mindset to an investment mentality you will elevate every dollar’s value (and you’ll be a lot more discerning too!)
3. Elevate Your Money Story
One of the biggest adjustments in mindset is what we tell ourselves about our capability to manage and make decisions with money. When you tell yourself and others that you aren’t good with money or avoid dealing with money management activities, you are in essence depleting the value of money in your life. Focus on creating a new money story such as: “I am an excellent steward of money in my life.” It might take some time to become true but you must shift your mindset around this one in order to become wealthy.
4. See Yourself as CEO of Your Own Economy
As an entrepreneur you may have a misguided mindset about your real role in your small business. Often we get caught in the trap of being a worker instead of seeing ourselves as the CEO (Chief Entrepreneurial Officer) of your business. By elevating your mindset about the role you really need to play you will also activate a powerful worthiness principle – you deserve to be paid well as a CEO! In this role, you are in command of YOUR economy. You have an untapped ability to generate any level of wealth and success you desire if you choose to expand your mindset.
5. Expand Your Wealth Energy
Sometimes the simplest way to create a mindset shift around money is to put yourself in an experience of opulence. Do an activity that makes you feel wealthy. Put yourself in a situation that allows your internal prosperity thermometer to feel expanded. When my money mindset has felt low I would head to the nearest Ritz Carlton and have lunch (or tea) and just soak in the energy of prosperity. Whether you hit the beach early on a Friday or walk through a fancy boutique and indulge in something beautiful, expanding your wealth energy by immersing yourself in it is a fast way to elevate your money mindset.
6. Be 110% Responsible
Now this mindset shift might not always be about money but it’s an essential shift to achieve higher levels of success. When breakdowns and failures occur (and they will) you must own 110% responsibility. You will be tempted to blame someone else but that’s just activating a victim mentality. Victims have things done to them. If you want to elevate your money mindset then you must take responsibility – and learn from every situation that occurs, bad or good. When we truly own our results in life we can then cultivate the most powerful money mindset possible. If you have the power to make a mistake then you have just as much power to be successful.
Which of these activities will YOU try? Make a commitment to put at least one into action this week.
What’s the best way to create a radical new shift in your earning potential? Follow my eight step roadmap to becoming a Highly Paid Authority (and I’ve got it available for you as a FREE resource right here.)