Are You Afraid to Ask for Money? Have you ever had to ask someone to return a tool or other borrowed item? For most of us, it can be an uncomfortable situation – especially if you’ve already asked for it several times. Asking for money from a client or customer can also be uncomfortable, even though you’re providing valuable information. This is especially true for new entrepreneurs who may be unsure of the real value of the information they’re providing. The consequences include giving your information away for free – or at a highly discounted price – and never getting your business off the ground floor. You may wonder why…

To Alleviate Guilt, Serve Your Audience Well As an entrepreneur, there are many tried and true ways that you can serve your audience and help grow your own business as well. You don’t have to feel guilty about your own success when you know your clients are receiving value for their money. One way you can know that your audience is benefiting from your efforts is to define your target audience. If you try to appeal to everyone, it’s like shooting an arrow haphazardly without really aiming. You’ll surely miss the target. Define Your Audience But when you have a particular group that you are going to serve, you’ll know…

Do You Feel Guilty About Success? One of the worst things we can tell ourselves about accomplishments and success is that we don’t deserve it – and then feel guilty about it. These feelings may have been plaguing you since childhood and kept you from the success you’re very capable of. Rather than celebrating your success, you may feel unworthy or afraid that you’ll come across as bragging. But when you’re an entrepreneur and in the business of helping others, your accomplishments should be celebrated. If your potential customers don’t see you as a success, they won’t have much of a reason to follow your advice. You may even take…

You may be surprised to learn that many successful people never make backup plans. That’s because it’s not in their thoughts or vocabulary to fail. Backup plans tend to put failure in your mind rather than help you succeed with your first choice. It’s a big “if” that doesn’t need to be there. It takes time to make plans, and the more time you’re putting into a backup plan, the less time you’ll spend on your dreams and goals. Your backup plan will become your true reality and you’ll never realize what you might have done with your original plan for success. Another reason to steer clear of backup plans…

When American swimmer Michael Phelps competed (and won) in the Olympics, he was truly focused on the task at hand. An interesting note to the swim competition is that Phelps’s closest competitor was caught in a picture turning his head and focusing his attention on Phelps during the swim rather than on what he had to do to beat him. Phelps’s competitor lost focus because he was more interested in how Phelps was doing. Losing focus on your ultimate goals and plans for success is a sure way to lose the momentum you’ve built and slip back into failure mode. Stay True to Your Plan Attracting wealth is best accomplished…

After you define your wealth goals, the steps to achieve them should be at the forefront of your mind. You wouldn’t think of building a home without plans – and you can’t succeed at building wealth without plans. Stop thinking survival and start thinking in terms of building wealth. Many people have the mindset of simply surviving from paycheck to paycheck. Wealthy people are more focused on building prosperity and meeting goals for their future. Don’t Let Fear Hold You Back A fearful wealth mentality is also detrimental to your future success. If you focus on keeping your money safe, you’ll likely miss any opportunity that may come your way.…

As you cultivate an abundant money mindset, remember the old saying, “Shoot for the moon and land among the stars.” Even if you don’t reach the moon, playing among the stars isn’t a bad place to be. The point is to aim big, think big and never think that you’re asking for too much. Even 7-figures aren’t that far away from where you can be if you set your mind to it. Expand the mentality from “having enough to pay bills,” to “what would I do with an extra $1K or $5K per month?” Time for a New Beginning If you’ve had a past full of financial failures, forgive yourself…

Let’s be real, here. We all need money to survive. In order to have a happy life, you need to have enough money to be comfortable. But sometimes, some of us end up feeling a little guilty about this. Maybe you were raised to see money as evil. It’s not. Maybe you grew up thinking that people in business had to be selfish and greedy. Not true. We are all just trying to survive and pay our bills. Maybe you have a nagging suspicion that other people can have money, but not you. You just aren’t “one of those” people. We make judgments about people based on how much money…

You may recognize negative mindset traits in others more than yourself because you’re used to your own rhetoric. Think about the times you’ve been around super negative people who focus on the bad rather than the good and drag you on a downward spiral right along with them. They’re certainly not fun to be around and it’s doubtful they’re very productive – negative people usually aren’t. If you find yourself with a negative mindset that’s keeping you from reaching your goals, look at your own thought patterns. Recognize Negative Mindset Traits Thoughts such as, “I’ll never succeed like that person,” “I know I’m going to fail,” and “I have no…

You’re beginning to suspect that you might have a poor money mindset and you’d like to change that. But first you have to get to the root of your money mindset. Until you understand why you think the way that you do, you can’t change it. Here are four common reasons you might be struggling with a poor money mindset: Your parents had poor money mindsets. For better or worse, families impact our relationships with money. If you grew up in a home where money was scarce, your attitude toward money may reflect that. You might constantly worry about money and stress over everyday spending, like buying groceries. You always…