096 Rich or Poor? You get to choose
Manage episode 441704550 series 3430513
Welcome to this week’s episode of Treat Your Business! I'm Katie Bell, and today we’re delving deep into a topic that has been coming up again and again during our coaching sessions—your money mindset. If you're struggling with pricing your services, or find yourself holding back from making changes in your business, this episode is for you.
In this episode, we explore how your money mindset is like a thermostat, controlling the "temperature" of your financial success. Just like adjusting a thermostat can change the climate in your home, shifting your mindset from scarcity to abundance can drastically impact your business growth. We'll cover the experiences and beliefs that shaped your money mindset, and how those early lessons might be holding you back today.
I’ll share my personal story of growing up in a self-employed household and how the lessons I learned about money shaped my approach to running a clinic. From undervaluing our expertise to fearing price increases, the way we think about money is often the hidden barrier to achieving the financial success we deserve.
Key Takeaways:
- Your Money Mindset: Understand how your beliefs around money, often formed in childhood, directly influence your pricing, profits, and overall business success.
- Shifting from Scarcity to Abundance: Learn how adopting an abundance mentality can attract higher-paying clients and create more opportunities.
- Recognising Value: Stop pricing your services based on time and start focusing on the value and outcomes you provide to your clients.
- Overcoming Fear: Don’t let the fear of rejection or comparison to competitors hold you back from charging what you’re worth.
- Invest in Yourself: You cannot expect your clients to invest in you if you're not willing to invest in yourself—whether through personal growth or professional development.
Tune in to this episode as we help you shift your mindset, and lay the groundwork for financial success in your clinic. No more undercharging, no more undervaluing your skills—it's time to thrive!
Resources:
- Join this months FREE masterclass https://join.thrive-businesscoaching.com/masterclass-registration
- Score App: https://bizhealthcheck.scoreapp.com/
- Book a Discovery Call to find out how our programs can help you grow your business https://call.thrive-businesscoaching.com/discovery-call
- If you've found value in this podcast, I'd greatly appreciate it if you could take a moment to leave a review. Your feedback helps others discover the show and join our community. Thank you for your support!: https://ratethispodcast.com/tyb
This podcast is sponsored by HMDG a physiotherapy, Chiropractic, and Allied Health specialist Marketing agency.
Kapitler
1. Introduction (00:00:00)
2. The Money Mindset Thermostat (00:02:00)
3. My Early Money Lessons (00:04:10)
4. Scarcity vs. Abundance (00:07:00)
5. Recognising Limiting Beliefs (00:10:00)
6. Pricing and Value (00:13:15)
7. Fear of Price Increases (00:15:45)
8. Investing in Yourself (00:18:10)
9. Quantum Energy and Money (00:20:15)
10. Final Thoughts and Takeaways (00:21:30)
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