3 Deadly Mistakes That Are Killing Your Profits as a Woman Entrepreneur | Episode 005 of The Woman Entrepreneur PodcastSep 13, 2022
If you're a woman entrepreneur....
First, I want to say GO GET IT POWER-WOMAN!
You are part of the 28% increase in businesses started by women since 2019 (The World Economic Forum). Celebrate yourself for making a difference AND let's keep the trend going because men still outnumber women 3 to 1 in business ownership. I believe that it's time for the tides to turn and have WOMEN ENTREPRENEURS be the "shoulders of giants" that the future stands on in terms of being influential, money-making entrepreneurs.
In fact, this is why I do what I do...
It is my drive, my juice, my mission to empower myself and other women entrepreneurs to wildly succeed at making money doing what we enjoy as entrepreneurs.
Let's all agree to become FINANCIAL POWER-HOUSES! How about...
- No more financial disempowerment!
- No more allowing your dreams to take a back-seat to everyone else's needs!
- No more lack of choice!
- No more pleasing and shrinking!
- No more letting your inner critic win the show!
- No more wishing you were taken seriously!
- No more negatively comparing yourself to others!
- No more limiting beliefs about yourself not being good enough!
YOU ARE A ROCK STAR for choosing to be an entrepreneur
and NOW IS YOUR TIME to scale your business to whatever level you desire!
Below is the summary of episode 005 - 3 Deadly Mistakes That Are Killing Your Profits as a Woman Entrepreneur - posted with more in-depth info on both The Woman Entrepreneur Podcast and on The NFA Money YouTube Channel.
There are 3 Deadly Mistakes I see all women entrepreneurs make on their business scaling journey. These "mistakes" (mistakes teach you through the law of contrast, so are they really mistakes?) will cause resistance inside of yourself and slow down your manifestation time. Remember, resistance is the number one reason you don't manifest instantaneously. So, resistance will cause your business scaling process to go slow and feel like much harder work. Plus, you'll not be making as much money as you want to make as easily as you'd like to make it!
Below is an outline of the 3 Deadly Mistakes, plus the overarching money block belief, symptoms of each, mindset reframes, and practical action steps to take to reduce resistance so you can uplevel.
1. Your Unconscious Sh*tty Beliefs about Yourself and Money
- MONEY BLOCK BELIEF: "I am not enough and there’s never enough."
- Not enough, time, money, energy, clients, opportunity etc…
- SYMPTOMS: Negative self-comparison (so you "try" to copy other people who are ahead of you), lack of clarity, manic-imposter problems, shiny object syndrome, not making the money you choose to make.
- MINDSET REFRAME: Every day, I am learning and growing into a more profitable entrepreneur.
- PRACTICAL ACTION STEPS: Ongoing, never-ending mindset growth. DAILY. Hire a coach (I can help you!), go to workshops and take courses.
2. The Overdeliver and Undercharge Problem
- MONEY BLOCK BELIEF: "I have to prove myself and work hard to make money."
- Thinking hard work is the only way, imposter syndrome struggles. Fear of sales because you don't believe in yourself or what you're selling.
- SYMPTOMS: Trying hard to do it all, doing what everyone else is doing, serving everyone, overwhelm, stress, burnout and unstable income.
- MINDSET REFRAME: I am willing to narrow my focus to expand my freedom and to charge more for the value I offer.
- PRACTICAL ACTION STEPS: Get laser focused on doing LESS by creating a Drop/Add List.
3. Impatience that Causes Resistance
- MONEY BLOCK BELIEF: "It’s not happening fast enough - what if it never happens?"
- SYMPTOMS: Frustration, wanting to give up, fear, doubt, uncertainty, lack of inspiration, confusion, money is unstable and doesn’t increase steadily.
- MINDSET REFRAME: My success is inevitable! I am on a lifelong journey to make buckets o’ money and create huge impact, doing exactly what I love to do as an entrepreneur.
- PRACTICAL ACTION STEPS: Schedule SLOW DOWN to SPEED UP blocks of time on your calendar to stay in flow in your Zone of Manifestation™.
Get a Deeper Dive into the Content Shared in this Blog Post on:
👉🏼 If you're ready to scale your business from your Zone of Manifestation™ let's chat: www.WorkWithDrAmanda.com.
👉🏼 “Always Remember: "Your outer world is a reflection of your inner world, so if you don’t like what you’re getting on the outside (money), you’ve got to change what’s within (mindset).” - Dr. Amanda -
Written by Dr. Amanda - "The Money Healer"
Dr. Amanda Barrientez - known as "The Money Healer" - is the founder of NFA - No Fucking Around - Money, the host of The Woman Entrepreneur Podcast and the NFA Money YouTube Channel. She's been featured on over 150 podcasts, sharing tips on how to uplevel your money mindset to make easier money in your business.
After going from food stamps to building a 6-figure business fast, Dr. Amanda’s been on a quest to teach entrepreneurs how to transform their relationship to money and scale from their Zone of Manifestation™. Check out her proven 3-step formula at www.NFAMoneyFormula.com.