Episode Show Notes
Why Money Mindset is SO Important For Your Business
In episode 28 of the Breakthrough Babe Podcast, I am diving into money mindset. I want to talk more about what exactly money mindset is, why it’s so important, and how it could be impacting you. It’s important to know that what you believe about money determines your results about money. So often we don’t realize that there is a mindset or belief that may be blocking you from making more money.
But before we dive right in, let me introduce myself in case this is your first visit. I am your host, Jen Gitomer, creator of Breakthrough Babe and author of the best-selling book, Sales in a New York Minute.
And it is time to make massive breakthroughs in YOUR life. With each episode, you are going to move past your fears of asking for the sale, learn to build deep connections that lead to meaningful business results, and master sales strategies that will help you grow and scale your business. Each week, I will be providing you with tips to avoid common mistakes in your business, teach hacks to help you grow and scale faster, and teach you to ALWAYS ask for the sale with confidence.
It is time for you, the Breakthrough Babe, to create more sales, income, and connections in your business. Let’s get started!
In this episode, we are going to dive into all things money mindset and why it’s SO important for your business! And for even more juicy details, listen to ALL of episode 28 of the Breakthrough Babe Podcast on your fave streaming platform.
Money Mindset, Point #1: Ask yourself, what is your money intention? What are your money goals?
If you have positive money beliefs, you will likely have positive money coming in. If you have negative money beliefs, then that’s impacting your ability to earn money. A lot of the time, we don’t realize a mindset or belief is blocking you from making money. I have a candle that I light before I hop on a sales call or before I work on a big project, it’s my way of setting my money intention. With that, I want to ask you, what is your money intention? Think about what money mindsets may be helping or limiting you.
Like any other belief, our money mindset is a belief we perceive as true in our heads. They continue with this thought lingering around, and you may not realize the impact it’s having on your business and ability to achieve your goals. Have your parents ever told you that money doesn’t grow on trees? After you hear this, you shape beliefs based on that statement. All these things we’ve heard our entire life shape our beliefs when it comes to money, and we don’t even realize it. That’s why it’s so important you take a moment to ask yourself what you believe is true and what your money intentions are.
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Money Mindset, Point #2: Having a money mantra has been super powerful for me in overcoming limiting beliefs.
Having a money mantra where you believe there’s more money where that came from, money is abundant, and no matter what there will always be enough is powerful. If you believe this or can find a way to believe it, your entire approach to money will change. I know that I truly believe this mantra myself. When I go to the carwash, people usually tip the employees drying your car anywhere from a couple of dollars to $5. I always give them $15-20, you might find this insane. The truth is, doing this gives me joy. It gives me the joy to tip a little extra because by putting that energy out into the world, it will always come back to me. Whenever I tip at a restaurant, I don’t tip 20%. I always tip 25-30%.
I appreciate good service and I realize it’s something we take for granted. I also make it a mission to tip extra right now because some people haven’t worked in months or need the money now more than ever. I also tip extra because it’s a blessing I’m able to give. If you do the same and take on the same mentality, I promise something will always come back to you. It’s not to say that you should expect something back. However, if you allow a little extra bit of money when you go out to help someone feel appreciated, at some point in the future, it will come back to you.
About your host
Jen Gitomer gained her prowess in NYC as both a salesperson and award-winning sales leader for a Fortune 500 company. She left corporate America to fulfill her entrepreneurial dream. Jennifer helps entrepreneurs increase their revenue and profit through her proven sales strategies. In addition to the Breakthrough Business Babe Podcast, Jennifer co-hosts the Sell or Die podcast with her husband, Jeffrey.
She is the best-selling Author of Sales in a New York Minute – 212 Pages of Real-World, Easy to Implement Sales Strategies to Make More Sales, Build Loyal Relationships and Make More Money, the CEO and Founder of Breakthrough Business Babe and a master business growth coach. When she’s not working, you’ll find Jen planning her next Paris trip, taking a yoga class, playing tennis, or hanging out with her family and Cavalier King Charles fur babies.
Money Mindset, Point #3: Money is a tool, it’s going to either allow you to build something great or destroy stuff. You get to choose what you will do with money.
All of these beliefs around rich people being terrible isn’t the best belief to have. This perspective may not serve you if you are looking to build a successful business. If you are listening to this podcast, you are more than likely looking to make money. That’s why it’s so important to shed light on these money beliefs. Just like when it comes to debt, you get to choose what it is to you. You can determine whether debt is something good or bad. When it comes to the comparison game as well, right now in this age of social media and seeing highlights of people’s lives, it’s easy to compare.
On social media, you’ll see people sharing the new car they bought or the new luxurious bag they bought. Oftentimes we look at that and compare how we are to them. This comparison is not helpful to you whatsoever. Who cares what the other person has? Remember that you are only seeing what they want you to see. You aren’t seeing the struggles or mistakes behind their choices. By comparing yourself, you are creating a lack mentality. That lack mentality will never help you build more money. This will take the focus away from making money. Next time you find yourself comparing, I challenge you to think to yourself, “Good for them. That’s great, and I’m going to achieve the same thing for myself.”
Why Money Mindset is SO Important For Your Business: The Bottomline
If you want to go deeper about money or want to learn about my Sales Magnet Meditation, send me a DM on Instagram. It’s a meditation you listen to for 30 days that I just made last week. This is all about helping prime your brain to dive deeper into your subconscious thoughts surrounding money and abundance.
There is no breakthrough challenge for this week because the entire episode is the ultimate breakthrough challenge! So go back and listen to this again, take notes, and journal on what your money intentions are.
Don’t forget to tune in to episode 28 of the Breakthrough Babe Podcast. And if you love this episode, don’t forget to take a screenshot, share it on your Instagram stories and tag me @jengitomer so that we can spread this important message to even more entrepreneurs and biz babes!
