I could talk about money mindset all day long! It’s a favorite part of business, and it can also be a challenging part. My friend, Sheila Hansen, is the perfect person to guide a discussion on this topic, so I am so excited to have her on this episode of the podcast.
Here are the main things discussed in this episode:
- Feeling the emotions of entrepreneurship and money
- How our beliefs about money can be traced back to childhood
- Navigating debt (taking on debt for business, etc.)
- Mindset around paying taxes
- Handling processing fees
- Scarcity mindset and upper lilmits
- Working through the time = money belief
- Excuses and other money mindset struggles
- Book recommendations
- Where to start if you are new to working on your money mindset
A few highlights from this episode:
[10:02] – I think that comes down to just understanding that story that’s going on in your head around debt.
[18:29] – Knowing that profitability in the margin on your services and your offers is huge.
[20:29] – That’s an upper limit we are putting on ourselves. We are saying that we can’t get past that and that we’re not in that abundance mindset that there is more, there is always enough, there is a pipeline that’s coming to replace what we had.
[32:46] – If we’re living in a place of less stress because we have financial stability and freedom, then that opens the doors for how much more we can do in life.
Sheila offers a few different ways to work with her: a consulting call, an intensive day, or a monthly retainer as your CPA/financial advisor. Learn more about those options here. You can also connect with her on social media @sheila.hansen.cpa.
Book recommendations mentioned in this episode: Rich AF by Amanda Frances, It’s Not Your Money by Tosha Silver, The Go Giver by Bob Burg and John David Mann
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