Money Beliefs that’re holding your Business back – Believe it or not, your Money beliefs play a bigger role in your business’ success than you might realize.
What kind of person are you when you’re spending money? Do you spend heavily to show off, or do you keep your budget tight so that you don’t have to worry about running out?
You may believe that you can never afford to buy something, but at the same time, you think that buying a new phone every six months is normal. It’s like having a part of you that wants to be rich and another that doesn’t want to run out of money!
This mental state can actually prevent you from achieving your financial goals. And although most people think that being wealthy is all about making lots of money, this isn’t the only factor involved.
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It takes a lot more than just having an income to call yourself a successful millionaire. You need to feel that you’ve succeeded as a person before you can say that you’ve done well with your money.
Here, we’ll talk about some common money beliefs that could be holding you back from reaching your financial goal. If these things sound familiar, then make sure to give them some attention.
Hopefully, after reading this article, you will take action and change one small thing for the better. On top of that, maybe you’ll find inspiration to work on something larger.
You aren’t smart enough to Make Money
“I’m not intelligent enough,” is one of the top reasons why people don’t succeed in business. I hear this all the time from people who want to start a new business or take their existing business to the next level. It’s so common that it even has its own acronym — DIStress-Easier To Stay Status quo.
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With every passing day, there are more and more opportunities for you to invest your money in ways that can help you grow. There are also never enough resources available to learn about those investments unless you do some research yourself.
You aren’t consistent to Make Money
“I need to make more money,” we often say subconsciously to ourselves. Or, “My success depends on me being good at my job,” we believe in our heads.
Both of these statements are totally false!
Your success as an entrepreneur doesn’t depend on you; it depends on something you do every day without question or hesitation — you show up.
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You believe in yourself enough to put in the effort that is needed to succeed, and you see all of the people who don’t believe in themselves doing things that prevent them from achieving their dreams.
It’s time to break those habits and create new ones. It’s time to let go of your money beliefs that keep you feeling not quite successful.
Here are some examples of money beliefs that are holding you back from moving forward with your business and life goals…and how to remove them.
You aren’t educated enough to Make Money
As we mentioned before, you don’t have to be an expert at money to run a business, but you do need to believe that you are an expert!
I see it all the time in people who want to start a business – they put off doing so because they think they don’t know how to handle finances or marketing. Or maybe they don’t feel confident in their ability to price products or provide good customer service.
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If these things make you nervous, then why would anyone else be willing to work with you? What makes you think you can succeed when others haven’t been able to?
Running a business is a lot of hard work, which is what really sets apart successful entrepreneurs from everyone else. But not knowing the basics of finance or marketing will get in your way.
You aren’t disciplined enough to Make Money
A lot of people have a hard time achieving their goal because they don’t believe they are capable of it. They believe that they can’t afford to do something, so they don’t even try.
Or maybe they think they need lots of money to accomplish their goals, which creates more avoidance. By avoiding the situation altogether, you won’t get anywhere!
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Either way, this isn’t going to help you in the long run. Believe in yourself and your ability to succeed!
It may sound crazy at first, but I assure you — investing is one of the most rewarding things you will ever do with your life. And if you set your mind to it, you can easily learn how to invest for yourself.
I’ll be honest — it feels weird at times. But once you understand the basics, getting started is easy.
You aren’t passionate enough to Make Money
As we’ve mentioned before, you won’t make money unless you like what you are doing, but this isn’t very motivating.
It can be downright depressing getting out of bed every day without feeling motivated to go after your dreams.
If you don’t feel passionately about your work, then no one is going to consistently help you pursue your goals. People will not stick around for long when they don’t feel appreciated or seen through their efforts.
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So how do you develop passion? By seeking it out and investing in activities that inspire you. Do things that you enjoy and learn from yourself as well as others.
You’ll find that once you start looking for it, you’ll naturally come across things that bring inspiration. It could be listening to music, reading a book, watching a movie, interacting with people — anything really.
You aren’t optimistic enough
A lot of people have a financial problem because they don’t believe that they can afford to solve it.
They underestimate how much money they need to make or spend, so they never fix the problem. Or, if they do try to change their spending habits, they put off doing it until they feel even more broke than they already do.
Either way, it backfires.
It creates additional debt and stress, which only makes you less productive and happier. Plus, poor health often comes with a hefty price tag too!
So why not think about changing your money beliefs?
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You are probably aware of some of these money myths already. For example, you may have heard stories about someone who believes that they “can’t survive without a pay check” and thus keeps staying in a job that doesn’t satisfy him or her. Or maybe you read about someone who thinks she “must spend lavishly on expensive clothes to look good” and spends thousands on shopping sprees every month.
Both of those examples could apply to you…
If you recognize yourself in any of these stories, then it’s time to break out of this pattern and create healthier money beliefs.
You aren’t friendly enough
When you are too focused on making so much money as possible, it can sometimes draw out other things that matter to people around you.
People will start to feel like they don’t matter to you unless they agree with how you make your money or discuss financial matters with you.
This is very uncomfortable for them because they want to connect with you on another level. They want to talk about their dreams and what they want from life, but they have to put up with money talks instead.
It creates a lot of stress for them and makes working together difficult. This is not good if you work in an office where everyone depends on each other to get the job done.
There will be times when you need to keep quiet about something important, and there will be times you need to share money knowledge with others.
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You should always strive to be aware of how money affects those around you, but this shouldn’t take over everything else. Being more conscious of your spending and savings habits is better than being less willing to relate to others.
If you’re struggling to motivate yourself to save, try asking why you deserve to enjoy your wealth. Ask yourself whether you would truly enjoy a large house and a boat if you didn’t have money.
Would you really spend time investing if you couldn’t picture yourself retired? Investing isn’t just about earning money, it’s also about living a lifestyle that you want to.
You aren’t smart enough to run a business
I have seen time and again how limiting money beliefs can keep you from investing in your business or taking action towards your dreams.
We all have our limitations, what we can and cannot do, and what is possible for us. But if these limits were to go away, then it would be easy to break out of this habit and achieve new things.
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It takes courage to invest in yourself, but not because you don’t know what benefits you will get back. It’s more about knowing that you are worthy of such investments.
You are worth learning something new, deserving of better health, wealth, and happiness, and you are willing to pay the price to gain those things.
That is why it is so important to believe that you are intelligent, capable, and talented enough to run your own business. Visit agbaimall for more materials and cheapest eBooks ever on the internet…
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