Listen to the Podcast version:
So many coaches and online business owners talk about wanting a 6-figure business. We see so many people also talking about how they can help people make 6-figures in their online business too. The money may help to drive you but it is not the thing that will keep you going.
Not only that, but there are other things that need to be taken into account such as the VAT bill you are going to get when you go over £84,000 and the tax bill at the end of the year, so is it really 6-figures you want to make or is it less or more?!
Measuring your success based on money will not always get you to where you want to go. Lots of people think it’s the money they want, but what does the money really mean to you?!
Wealth should be the goal instead of sales, and you can begin to build wealth in many different ways.
Building wealth through:
– Educating yourself
– Doing something that you love
– Having quality time freedom
– Investing in yourself
– Ensuing you have a pension
– Making your money make you more money
The money conversations you have with yourself are what’s going to shape your money mindset and the way you think about money is going to impact the way that you manage it. Even if you think at the moment that you do not have much of it, managing it properly will help it to grow. So many people think that money management doesn’t fall under mindset, it couldn’t be more from the truth.
Becoming aware of the money conversations you have with your children/partner/people around you. How do you feel about money and how is this impacting the way you manage it?
Being wealthy should be the goal that you are moving towards and understanding what being wealthy actually means to you personally.
Having big goals is important but you also need to ensure that you are focussed on sustaining this too, and this is why focussing on being wealthy in all areas of your life is important.
People make themselves broke by trying to appear rich to the world. Meaning they will increase their outgoings when they’re income rises too. This will not make you wealthy, it may make you appear rich to other people, but at what cost?
You also need to ensure that you are protecting yourself and your income, having things in place such as life insurance, wills and contingency plans in place in case anything was to ever happen and you couldn’t run your business for some time. What would happen to your income then?
These are all things that you must take into consideration from the start, even before you reach that 6-figures and beyond.
That is why you must focus on wealth.
Have you taken a look at our NLP Practitioner & Breakthrough Coaching Program yet?
Click here to check out the current bonuses on our NLP Practitioner and Breakthrough Coaching Program now.
Free Change your Mind, Change your Life Training.
Reserve your seat, it’s 100% free!
Free Workshop with Rebecca Lockwood Founder of The Female Entrepreneurs Network