Let me send you my totally free video series called
“Bold, Powerful and Paid! How to be an influencer in your industry and create your own thriving economy.”
Enter your name and email for access!
 
 
6 beliefs that may be holding women entrepreneurs back – Part 1

Are these beliefs holding you back?

Most of the women entrepreneurs I come across are super smart and service-driven.  We come to the marketplace with a product or service and our emotions and passion are deeply embedded in every aspect of what we do.

I have found that most of us (self included) do what we do because we really want to serve, support and empower others in the world.

This is a good thing.

I honestly believe that this service-driven mindset could potentially propel women entrepreneurs into the new generation of high-earners that you keep hearing me talk about. 

…but here’s the deal:  As women in business, we must learn how to be both service-driven and profit-focused.  When we do, we’ll begin to see our income sky-rocket and we’ll begin to embrace new levels of freedom and influence. 

Sounds yummy right?  Well if we really want to get to that place, there are a few disempowering beliefs we have to let go of that may be holding us back:

1.) I’m not in business for the money.  – The next time you hear someone say this at a networking event, don’t walk, RUN to the other side of the room.  This is the most embarrassing statement a women entrepreneur can EVER make.  That statement will make potential investors or business partners drop you like a hot potato because it suggests that this is more of a hobby for you and you probably don’t really know the nuts and bolts of business success. 

Listen, business is about profits and while I get the whole service-driven piece of it, I still believe you can be profit-focused at the same time.  You do not have to give up one for the other.  Here’s an interesting article I read recently on this topic.  You’ll find it revealing.

2.) I can’t afford it. – B.S. you can afford anything you want to.  I’ve seen women magically find money for handbags, travel excursions, designer dresses and any number of other things they really want.  If you decide not to invest in something that will actually help you (like coaching, mentoring or professional development tools), just be honest and say, “At this time, I am making a decision NOT to invest in the thing that will help me…”  Tell the dang truth!  “I can’t afford it” is an excuse, a curse and a lie!

3.) Let me think about it. – This statement by itself has to be one of the lamest I’ve ever heard.  Not that there’s anything wrong with thinking things over but the key is putting a deadline to it.  Highly successful women might say something like this:  “let me think about it and I will give you my decision by tomorrow at 12 noon.  How does that work for you?”  See the difference?  You’ve heard me say a million times, successful women are decisive and as my coach says, “waiting is NOT a success strategy.”

Do any of these sound familiar?  Share your gut reactions below and get ready for part two.  In part two of this article, I share 3 more mindsets that may be holding women entrepreneurs back. Click here to read.

FEEL FREE TO SHARE THIS!  JUST BE SURE TO ADD THIS BLURB: Monique is an author and thought leader on women and money.  As a certified Income and Influence Coach, Monique uses her nearly two decades as a producer and on-air personality and 10 years as an entrepreneur to help women in business drop fear and excuses to become highly-visible high-earners.  Her book, “The OverFlow Handbook” will be published in January 2015.  Her second OverFlow Women’s Business Retreat is being held in San Juan Puerto Rico June 2015.

Do you have what it takes to be a millionaire? Take the quiz.

Do you have what it takes?

Many women entrepreneurs think that reaching millionaire status is only about hard work.  They are wrong.

Building a great life with the added benefit of great money is based on your emotions and beliefs more than anything else.

Don’t get me wrong, hard work has value but it is not the only thing that makes you a millionaire.  I’m willing to bet that you know several people who “work hard” and are still broke or just getting by. 

So what does it take to become a card-carrying member of the new generation of high-earning women entrepreneurs?  Do you really have what it takes to be rich?

I put together a short quiz so you can get an idea of where you stand.  Answer the questions below with a simple “true or false.”  Once you tally up your answers, I’ll shed some light on what they could mean.  Have fun and be honest!

THE MILLIONAIRE MINDSET QUIZ  |  by Monique Caradine

1. It concerns me when I hear news about a recession, unemployment or a down economy.

 

2.  I heard a lot of negative talk about money while growing up.

 

3. After I pay my bills each month, I usually don’t have much of anything left over.

 

4. I don’t have the amount I want to have in my savings.

 

5. My business (or work) takes up most of my time.

 

6. I do not track my money daily.

 

7. I do not have the extra cash to invest in a coach, mentor or professional development products.

 

8. I work in my business alone.  I do not have team to help me.

 

9. I do NOT have a plan for marketing my business regularly.

 

10. I do NOT have a premium service offering for high-paying clients.

 

11. I am NOT crystal clear about who my clients are.

 

12. I do NOT know what my business will look like in two years.

 

13. If someone offered me a great job with benefits, I would take it!

 

WHAT YOUR RESULTS COULD MEAN

If you answered 2 to 3 of the questions with “True,” then you have a millionaire mindset.  All it takes is some small shifts and you could possibly break into millionaire status within 3 years or less! 

If you answered 4 to 6 of the questions with “True,” you’re like most people who have bought into the limiting beliefs that the permeate our culture.  By creating a few simple new habits around money and by refusing to believe the lies and rumors about money, you could become a millionaire within 3 – 5 years.

If you answered “True” to 7 or more of the questions all is not lost but I recommend that you get help as soon as possible!  With regular study of money, how it’s used, how it can expand and why it matters, your situation can change eventually.  I also recommend connecting with a coach or mentor who can help you strategically make the shift within 5 – 7 years.

In my next post, I will elaborate on a few of the questions above that I feel deserve deeper exploration.

 

DISCLAIMER: This is not a scientific study.  The Millionaire Mindset Quiz is based solely on my research of the habits and values of the rich.

FEEL FREE TO SHARE THIS!  JUST BE SURE TO ADD THIS BLURB: Monique is an author and thought leader on women and money.  As a certified Income and Influence Coach, Monique uses her nearly two decades as a producer and on-air personality and 10 years as an entrepreneur to help women in business drop fear and excuses to become highly-visible high-earners.  Her book, “The OverFlow Handbook” will be published in January 2015.  Her second OverFlow Women’s Business Retreat is being held in San Juan Puerto Rico June 2015.

 

 

 
 
 
 
Watch her reaction when the OverFlow community presents a check to support her cause
Are your friends keeping you broke?
Are Black women REALLY “flat out broke?”
Uncategorized
Events
Blog
Public Speaking
Media training tips
Fitness/Fabulosity
WVON
Perspective
It's Personal
Live Stream
Client news/press releases
Monique's Mastermind
Compass
marketing
Experts
RICH Authors
Multiple Income Streams
networking
VISIBILITY
Small Business Success
Entrepreneurs
MVP
Money
Branding
Bold Money
Juice Journey
OverFlow Retreat
millionaire
kids and money
 
Momentum Media Group
295 Palmas Inn Way | Suite 130 - Box 147 | Humacao PR 00791 |
708-720-4252 x. 156