Everyone has some type of fear inside that they need to address. Often someone with a limiting mindset tends to have a fear of failure and even a fear of success that manifests itself as procrastination or even self-sabotage. Let’s talk about some of the ways these fears can cause issues for you and how to overcome them and make progress.

Here are some common symptoms of how both the fear of failure and the fear of success manifest.

Fearing the Spotlight.

Not wanting to be in the spotlight. You don’t really want to be that successful because you don’t think you will like being in the spotlight. That’s why up until now you’ve chosen to be behind the scenes.

You are fearful of confrontation and you fear if you get too popular, people will come out of the woodwork and criticize or bully you. Taking criticism is hard. But it’s all part of the process of experiencing success.

Imposter Syndrome

Many people walk around feeling as if...

One of the most overlooked aspect of increasing revenue for many solopreneurs is pricing. People often have major money mindset blocks around what they feel comfortable charging for their goods or services.

Money Mindset and Pricing

You may realize by now that your money mindset plays a crucial role in how you set your prices. If you hold beliefs that undervalue your worth or fear high prices will scare clients away, you might find yourself charging less than the value you provide. This mindset can severely limit your business's earning potential and growth. Shifting to a mindset that recognizes and champions the value of your services is vital for adopting a pricing strategy that truly reflects the worth of your work.

Let’s look at this mindset issue.

Just because you find a product or service easy to deliver, and therefore undervalue it, doesn't mean your customers share the same opinion. While you may have honed your skills over years, making tasks seem...

Most business owners know that in order to move towards your goals, you need to track specific activities and data. Setting a target and measuring your results will keep you on track and moving in the right direction.

Perhaps you want to build your list? State it in very specific numbers how big you want to grow it, how fast you want to grow it, and exactly the steps you’ll talk to accomplish it based on your research. Then track it. Analyze what you’ve tracked, adjust, continue, and repeat. As you track the effects of your actions, you can improve and correct.

'If the metrics you are looking at aren't useful in optimizing your strategy - stop looking at them.'
Mark Twain

 

Think about your goal and decide what particular metrics you will keep an eye on to make sure you meet your goal.

One specific thing I suggest you do, is to start tracking your income and expenses every single day.

The great thing about this is that you can track using an...

One of the first things you should do now that you realize you may be working with some money mindset issues is to make a list of the money-making activities that you can do each day and set it in your schedule.

Some activities will fall into the category of brand recognition, some will be around nurturing your customer base and others will be specific money making offers to prospects.

All you need to do is to determine which activities actually make money and decide what you will focus on in each category.

What are Money-Making Activities?

So, what exactly are these money-making activities? They vary depending on your business type and what your particular offerings are, but for solo entrepreneurs, they typically encompass:

List Building Activities: Consider specific list-building strategies to expand your reach and boost revenue potential. Whether it's creating or refining your freebie offers, improving opt-in forms, or making use of available technologies,...

When thinking about why you’re not more successful or have a certain level of income, money mindset does not always come to mind. We tend to think that practical strategies and tactics are responsible for our success but that is not always the case. It has been said that 80% of personal finance is about how you think about money and 20% is the practical side.

Today, we’re tackling the topic of money mindset and the common mental blocks we can have around money. Understanding these can clarify why we sometimes feel stuck and reveal paths to greater financial success.

Types of Money Mindset Blocks

Money mindset blocks are beliefs we have around money that prevent us from achieving wealth and prosperity. These blocks can develop over our lifetime and many have their foundation in our childhood.

Some common money beliefs are;

• I’m not good with money
• It’s selfish to want more money
• I can either make money or do what I love to do, not both

...

Where does your money mindset come from? Why do you think the way you do?

While there are many contributing factors to the development of your money mindset, your history plays a huge part.

Exploring Your Money History

Consider your first money memory—was it receiving an allowance, saving up for something special, or perhaps observing how your parents handled money? These experiences teach us subtle lessons about the value of money, the effort it takes to earn it, and what it means to spend wisely—or not. Each of these memories contributes to the financial outcomes that play out in your own business today.

Let me share an example. As a young teenager I wanted a new pair of shoes. They were fancy high heels to wear to a school dance. My mother informed me that if I wanted them I’d have to buy them myself. After feeling a bit disgruntled – as many teens would, I decided to take on some after school work and save up for the shoes.

I can...

Welcome to the Money Maker Series

If you could take some time to focus intensively on making more money in your business, how would that improve your financial situation?

For many of us, we work hard and put in the hours doing what we think we need to do in order to bring in more revenue, but is it actually working? Sometimes, we need to re-focus and look at ourselves and our business with a new perspective.

That’s what this set of blogs is all about. Focusing your attention on ways to improve your income.

It all starts with mindset.

You’re going to learn why mindset is important, how to change your mindset, and how it will explode your income. Money mindset makes a huge difference in how a person reaches and handles success.

What is Money Mindset?

Imagine money mindset as the lens through which you view all things financial—how you earn, save, spend, and invest your resources. It's shaped by a multitude of factors, from how your family discussed...

Personal finance is more than just numbers and budgets; it's often tied to our beliefs and emotions related to money.
Understanding your "money blocks" – the subconscious beliefs that limit your financial potential – can be a game-changer. These blocks often stem from our early experiences and the influence of key people in our lives, like parents or mentors.

Let's break it down. Think back to your childhood and the role money played in your family. Was it a source of stress, or was there a sense of abundance? These early impressions form the basis of our financial attitudes. For example, if money was always tight, you might find yourself either overly cautious or perhaps a bit reckless with your finances, as a reaction to those formative years.

Authority figures in our lives also shape our money mindset. The lessons from a teacher, the advice of a family friend, or even the habits of a respected elder leave lasting imprints. These influences can manifest...

Have you wondered if mindset issues are preventing the flow of money into your business? The fact is, almost everyone has limiting beliefs and mindset issues that hold them back from achieving what they want in life. And money issues are no different.
These blocks around money often stem from our early experiences and influences from key people in our lives. Add your own money personality to the mix and you have a collection of thoughts and beliefs that will either help or hinder your dreams.

You may see evidence of these mindset issues in missed opportunities or unfinished projects. The invitation to speak at an online event you turned down because you didn't feel ready. Or that e-book you wrote 6 months ago that you haven’t launched because you think your writing isn’t good enough, even though you could have hired an editor to help you with it. In fact, you might have already started on another project instead of launching the first, second, or third.

 ...

I’ve been a business and marketing coach for some time now, and I've seen firsthand the transformative power of a well-crafted annual business plan, especially for women entrepreneurs in the service industry. In a world where different ideas and opportunities fire at us from all directions, having a clear roadmap for the next 12 months is not just about setting goals – it's about writing your own success story and sticking to a clear path.

The Magic of a Well-Defined Plan

Running a successful business takes more than having a great idea and hoping it comes to fruition. It takes careful planning and implementation. If you identify with being a creative sort, planning may not come naturally to you, in fact, you may shy away from all that ‘official’ type stuff completely. However, planning is important if you want to achieve your goals and serve the people who need you.

There are several areas to consider when creating your annual plan, but here...