Tips for Overcoming a Poverty Mentality

Holding on to a poverty mentality can ruin your chances of building a successful business long term. A business that not only supports you while you’re working, but due to sound financial investments, is going to support you after you stop working and sell the business. Because smart people have an exit plan too.

  • Change Your Environment – When you grow up in a certain class of society, everyone you know tends to have the same ideas. You all use the same slang, wear similar styles of clothing, eat the same foods, and style your hair alike. You may even have the same accents pronouncing or mispronouncing words based on your tradition and history. If you truly want to change how you think, immerse yourself in a new environment.
  • Change Your Language – There is a specific language to poverty. “I can’t afford it,” “We don’t have the money for that,” and “That’s for other people, not us” is all about speaking the...
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Getting to that Next Level of Income Takes Momentum

There is something about a business, especially a digital online business, that is truly amazing in that it will start slow and then slowly build and one day (assuming all positive steps were taken), it will gain momentum and take off and people will think you’re an overnight success.

Some people call it the snowball effect. This is a great example of the idea of momentum. Start rolling the snowball in your hands, then as it grows you start rolling it on the ground, it finally gets so heavy that it rolls down the hill alone getting bigger as it goes without your help.

Business can be a lot like that. You start out with every position being filled by you. You do the best you can, slowly building up the business until you can finally hire a bookkeeper, then you bring on a banker, an accountant, and a lawyer. You incorporate your business. You hire a business manager, you find a couple great VAs, and bring on a landing page expert. And it continues. You hire what you need, and...

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Why Does Money mindset matter in Business

Money mindset makes a huge difference in how a person reaches and handles success.

If you have a poor mindset and fill your thoughts with limiting ideas, you may experience:

  • Less happiness and passion – You may only dabble in the niche you really love that lights you up because you are too busy doing things to get ready to do the thing that you’re passionate about. You know the trap. You have to figure out each step of the process and you feel like you have to do it all yourself - when you really don’t.
  • Less confidence in your skills – Because you don’t expect to succeed, you lack confidence in your abilities and skills. You don’t feel as if you deserve success, so you don’t experience it.
  • Inability to make logical money-based decisions – When it comes to money, due to all your fears surrounding money, and all the poor life lessons you’ve had your entire life regarding money, you find it stressful and hard to make choices and...
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