Building a business is a bit like building a house. You're going to have much longer lasting success and a much stronger house if you lay solid foundations to begin with. A powerful, positive mindset helps build a strong foundation in your business. There are three core elements that you need to succeed as an entrepreneur in business.
1. A powerful and positive mindset: This relates to having the right kind of energy, clarity and focus in your business.
2. Strategy: Embarking on a business and succeeding requires you to have really clear goals. You need to have clarity on what your goals are and specifically, your key success metrics.
If your goal is to hit seven figures this year from a service-based business, you’ll want to break down the following metrics:
When I reflect back on my life, I think it's fair to say I’ve achieved a good amount of success, however the truth is, I was never really as successful as I wanted to be. Or to be more accurate, it didn’t happen in the way I wanted it to.
During my teens and twenties, I had very low self-esteem even though I appeared to be confident (probably because I did a lot of public speaking and sang in bands). My successes felt like a fluke because I didn't believe in myself and I just sort of pushed myself to achieve certain things.
During my 30s, I was rapidly climbing the corporate ladder, but the stress of the job was killing me. I knew I didn’t want to do accounting forever - and that is when I drew on my passion around personal development and started a life coaching certification.
Life coaching teaches you a systematic way to achieve your goals alongside working on things like your self-limiting beliefs. I used it to get promoted in my own career and I started to...
One of the quirky things that I always wanted when I was a child was a waterbed. As soon as I bought my first home, I got myself a waterbed and I've had it ever since. Waterbeds are built with very strong, solid foundations so they can last you a lifetime if you look after them.
Just like a waterbed, you've got to have really solid foundations in your personal life to be able to succeed in building an authentic business. If you don't clean up the rubbish in your personal life, then you're going to bring that energy directly across into your business.
Two areas that entrepreneurs in particular need to address when trying to succeed in business are:
1. Making sure that you deal with your personal baggage. If you’re still harboring resentment or anger towards others and if you can’t move on from memories of past events, then it’s going to affect your ability to focus on what’s happening for you now. You're going to feel like your focus gets broken where...
Sometimes when you go through a series of life events, your life feels like it’s in an absolute state of chaos. Maybe you're physically busy or you're mentally busy, or both. At other times you may just be feeling your energy isn’t in the right place and you’ve lost your focus. Perhaps you go to work on things every day, but you find that you have to keep resetting your plans or revisiting them, and you're not sure what it is that you should be working on.
The solution to getting your focus back is to be in a specific kind of energetic state where you're productive, creative and able to tap into the right resources that are going to move you forward. You usually know when you're not in a productive state because often two of the most toxic emotions surface - anger and fear.
There can be anger around things to do with your current circumstances or even things to do with the past. One of the tell-tale signs of anger is you might be snappy or impatient and the anger...
If you've been experiencing a particular money pattern for a while, then it could be because you've gone through some kind of financial trauma. Since a particular traumatic event your money might not have been the same, or you might be struggling with a particular issue, like not being able to save or being in debt or not being able to hit your income goals.
Types of Financial Trauma
I mentioned in my last video that there are two types of financial trauma.
If you've been stuck in certain money patterns for a while, it could be a sign that you've encountered financial trauma in the past. Maybe you've been unable to shift your level of savings and actually accumulate meaningful savings. Maybe you've been stuck in debt or maybe you've been unable to break through and achieve your income goals. Often when the same patterns repeat themselves over and over again, there's a deeper root cause that may not be presenting itself on the surface.
In a lot of cases your relationship with money is actually impacted by your early money paradigm - i.e. the way you grew up around money and what you experienced by observing adults around you, particularly your family. It can also be a combination of your family paradigm and financial trauma. In fact, financial trauma can actually have a compounding effect on your family paradigms around money.
What is Financial Trauma?
A financial trauma is an event that usually occurred sometime in your past....
Are you chasing a really ambitious goal? Maybe you're going after a particular profit target, or you're in corporate and you're trying to get to that next level, get your next promotion. Whatever it is, you’re working really hard and going after something that really matters to you. This is for you.
In the context of chasing after a really big goal, the best advice I can give you is to remember to take care of and prioritize your health and wellbeing. I’m talking about both physical and mental health, which includes working on your mindset.
Often the reason we chase after something that's financially-incentivized has to do with a quality of life metric; it’s about the type of lifestyle that you'd like to have that money can bring.
If you're working really hard on going after your goals to the point that you're working yourself into the ground, you end up putting your health at risk and jeopardizing your ability to enjoy that lifestyle that you're working so...
Through the process of packing and unpacking all my things during my recent move home, I was surprised by how much stuff I have and how I haven't used a lot of it in a long time. It got me thinking about the way that we hold onto loads and loads of stuff, and why?
Today I’m reflecting on how we hold onto a lot of stuff we don’t really need or use, and what we can do with this stuff to improve our lives.
Why do we keep the things we keep?
Stepping back and looking into that second reason can really help us to create emotional space for bigger and better life experiences.
When you do hoard things you don’t really need or use anymore, it may be because they symbolise a person, place or experience that you’re also unwilling or not yet ready to let go of on an emotional level.
The material things that we hold onto are often...
At different times in your life, you may find yourself in what I call an “avalanche challenge.” You know, where one big thing happens and while you're trying to deal with that, the next thing happens, and it all starts to roll into one. These overwhelming times challenge your strength and character, and often kick you back into “survival mode.”
“Survival mode” typically kicks in when you are trying to deal with issues around your sense of security and safety, having your basic needs met, and/or your idea of what your foundational support is.
In terms of chakras, these are what we call first chakra issues.
Before I continue, let me explain:
As a coach, I view coaching as a spectrum of services:
At Personal Empowerment Academy we typically work in the middle, as our clients are usually happy just to get the result without dwelling on how or why things aren’t working at an energetic level.
But today we are discussing energy work, because...
One of the things that's really important in wealth creation is ensuring that you've actually got the two pillars in place:
One of the most effective and probably under-utilised strategies, is Property Investment, and today I'm featuring a special guest and expert: Tim Allwood - the Director of Compass Property Investments, to address some key questions about property investing as a wealth creation strategy.
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