I’m celebrating my 6th business birthday and year in business this month!
After six years of growing and scaling my own multi-six-figure business and being on thousands and thousands of coaching calls, seeing behind-the-scenes of successful businesses of all kinds, here’s what I know to be true about making money doing what you love: you’ll make as much money as you believe is possible and is safe to receive in business.
I’ve found, everyone has rules around making money. You might not be aware of these rules, but I’d wager a bet that you have a set of constructs around what is true when it comes to making money.
These rules make up your mindset around money and govern what’s possible...after all, what you think and believe to be true sets the parameters and boundaries you run your business (and life) by.
Meaning...your business sales and income are directly linked to the rules you have around making and receiving money. The very rules you set (consciously and intentionally or subconsciously and by default).
Most people have rules telling them how much money is okay and safe to make, have, keep, and spend...rules around carrying debt investing.
For example, you might have a rule around:
how much money you’re allowed to charge
how much debt you’re allowed to have and how much debt is “bad”...even what kind of debt is “good” and “bad”
what you have to do to make those $10k and $20k months (how hard you have to work, the “dues” you have to pay, and even how possible this is)
how much money is ‘safe’ to have in your account at any one time (and when it’s ‘too much’ or ‘not enough’)
what it’s ‘ok’ to spend or invest money on...and what’s a ‘waste’ of money
how much money you can make in a year (or day, week, month, decade)
Whatever your rules might be, your brain LOVES congruence (it’s such a little rule follower that way!). It does everything it can to create congruence in your outside world, like your bank account, with your inside world, like those rules. As much as you might like to think you’re a rebel, your brain works overtime to create a reality that matches those money rules you’ve set for yourself.
Meaning, if you have rules that say you can only make X amount of money in a month or a year, that’s what you’ll find yourself creating in your business...or if you have a rule about how much money it’s safe to have, how much you’re “allowed” to make, and you make MORE money than this, I betcha, you’ll spend it, give it away, or suddenly have expenses pop up to cover.
The good news? You can question and rewrite your money rules any time you choose.
And, unlike rules in grade school, where you got in trouble for not following and questioning, there’s no one but yourself to answer to here.
How do you start questioning and rewriting your money rules? Start by identifying your current rules around making, having, keeping, spending, and investing money. It’s tough to change a rule if you don’t know it exists!
Then, get clear on the money rules that aren’t your own or don’t serve you and your business and rewrite them.
Notice what fear, stories, or resistance comes up for you around your new rules. This is likely the place to focus your mindset work so you can clear the stickiness keeping you stuck in outdated rules that no longer serve you.
Your brain learns and adopts new rules through repetition, so make your new rules easy to adopt by repeating them regularly.
Then, let your rule-following brain get to work and follow those rules with actions that match up!
I’d love to hear from you - what are some rules you have around making money?
Do you think these rules are supporting you and your business?
Wishing you your version of success.