On today’s solo episode, I talk about money and having the confidence to pursue paths that help you increase your income. I go over some breakthroughs and mindset shifts that hopefully can help people push past what is holding them back, especially for women in the business world.
02:34 The Law of Compensation
07:48 The Law of Value
23:03 Money is a Magnifier
25:25 Impact and Income
The Law of Compensation
This states that your income is determined by how many people you serve and how well you serve them. If you want more financial success, then you have to serve more people. There’s plenty of opportunities around you if you work for it. Also, when you serve people well it has a powerful ripple effect.
The Law of Value
This states that your true worth is determined by how much more you give in value then you take in payment. The most successful people have a bigger passion for what they are giving than what they are gaining. What you give will come back around in the best ways.
See things as a return on investment versus an expense. Look at it as more of what you can get from using it as an investment rather than looking at it as something that’s costing you money. If you’re frugal with your money you are going to stay exactly where you’re at. You have to spend a little to get things in return.
Money is a Magnifier
Drop the mindset that having money means you’re a bad person. You can be a good person and still have sizable wealth. If you have a good heart and gain wealth, it’s only going to magnify in a positive way.
Impact and Income
Focus less on expenses and focus more on impact and income. Revenue minus expenses equals profit. It’s okay to budget, but at some point you need to stop trying to cut and start increasing your income.
Today’s episode is sponsored by Chiro For Moms! The experience I’ve had at this specialized Chiro Clinic has been a game changer.
If you are local to the Twin Cities or near the twin cities or even you’ve been seeking good chiro care, this is your place!
What’s really special about Chiro For Moms is the experience you will have. They focus specifically on women & children to receive specialized care with a focus on muscle work along with treatment. Seriously nothing beats the deep tissue massage at the end!
Head over to https://www.instagram.com/chiro_for_moms/ – they share amazing content & have a direct link to schedule an appt in their bio! I love their clinic and staff, and I think you will too!
Be sure and tell them you heard about it on the Dream It Do It podcast!
Resources from this episode:
Here Are My Book Recommendations:
Check Out My Website: Here
Book a 15 minute 1:1 Discovery Call: Here
Sign Up For Virtual Bootcamp Groups: Here
Discover Coaching Mentorship: Here
Check Out 14 Nights of Easy Dinner Recipes: Here
Get Your Printable Goal Guide: Here
Thank you for listening to this episode! Please take a screenshot and share your biggest takeaway on your Instagram stories and tag me @molly.asplin so that I can shout you out! Until next time,
*Team Beachbody® does not guarantee any level of success or income from the Team Beachbody Coach Opportunity. Each Coach’s income depends on his or her own efforts, diligence, and skill. See our Statement of Independent Coach Earnings for the most recent information on the actual incomes of all our Coaches.