This episode marks the last of our three-part solo episode series covering body, business, and inner badass!
In today’s episode, we’re going to unpack the concept of wealth and money and take a look at the mindset that enables people to start to build wealth. Despite having an excellent mechanical understanding of money, a lot of us are still lacking in understanding our mindset around acquiring money. Unpacking this mindset piece is the key to accumulating more money, breaking away from our limiting beliefs, and making leaps and bounds within our business!
So, in this third episode of our series, I’m going to be unpacking these ideas around our money mindset, give you tools and resources to get started, and give you a starting point to begin exploring these concepts so that you are able to have more money in 2020 than you’ve ever had before! These are the foundational pieces I want you to consider having in place to direct you to a state of higher abundance in your life!
Key Takeaways:
[1:20] About today’s episode!
[1:57] Why I became interested in the mechanics of money from a young age and how this early influence impacted my capacity to grow further.
[6:10] What this special solo episode will be focusing on and how adjusting my mindset around money gave us our best year yet!
[7:33] The first mindset piece: your relationship with and attitude towards money.
[10:57] How much do you want to make this year? And why not more? This is our own wealth ceiling.
[14:41] My question to you as we go into 2020: Where can you serve as a philanthropist in 2020? And through this lens, are you able to elevate your wealth ceiling?
[15:47] Here are the steps I want you to take as you’re getting started on your journey of making more in 2020!
[19:50] Important action items to take in 2020 regarding your money mindset!
[21:24] Why money is a health issue.
[22:11] Another action step to take in 2020: open an investment account.
[23:20] Take radical responsibility by finalizing your will.
[24:11] Identify a charity of choice you are able to make a consistent contribution to.
[25:11] The last thing I want you to do when it comes to taking radical responsibility for your finances: create a vision board!
[27:15] Summarizing the foundational pieces I want you to consider having in place in 2020!
[27:40] My call to action for all of you!
Mentioned in This Episode:
The Richest Man in Babylon, by George S. Clason
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market, by Peter Lynch and John Rothchild
The Entrepology Podcast Ep. 43: “How to Spend Your Money Guilt-Free and Improve Your Financial Relationships with Shannon Lee Simmons”
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CALL TO ACTION
What is on your philanthropic vision board for 2020? Where do you want to contribute and invest your time and money this year? Let’s carry this conversation forward and make 2020 our most abundant year yet! Follow-up on The Entrepology Podcast Facebook page — because when you’re accountable, you’re helpable!
Tweetables:
“Money will not flow where it isn’t wanted.”
“Part of having money and attracting money into your life is taking radical responsibility for your own attitudes around money.”
“The idea in exploring these things is to understand where our basic setpoint is so that we can start to remove the layers of the onion as it pertains to our capacity to accumulate wealth.”
“The truth is, is that philanthropy is something that’s accessible to all of us right now.”
“There was zero room for financial growth within our business until I took radical responsibility for what was coming in and what was going out.”
“You don’t need to be a wealthy old man to be considered a philanthropist!”