🔑 Key Takeaways
- Society's fear and stigma around money can hold us back from embracing generosity. By changing the conversation and encouraging giving, we can create a culture of generosity and positive impact.
- By shifting our identity and beliefs around money, we can break free from the limitations of constantly saying "I can't afford it," and create a new reality where we can receive and experience abundance.
- Surround yourself with supportive individuals, prioritize personal growth, and embrace risk-taking to overcome obstacles and achieve transformation and success.
- By removing negative emotions and beliefs about money, we can create financial success and be more open to receiving it.
- By appreciating money and aligning ourselves with it, we can attract abundance and financial growth into our lives. Investing in a coach can accelerate this transformation process.
- Aligning your thoughts with your desires and pursuing activities that are fun, energizing, and meaningful leads to fulfillment and progress towards your goals.
- By believing in our own worth and stepping outside of our comfort zones to set big goals, we can achieve financial freedom and emotional well-being while delivering exceptional value to our clients.
- Continuously grow personally and financially by investing in self-improvement, seeking coaching, and addressing financial fears head-on.
- To attract financial abundance, appreciate money, be generous, take risks, prioritize learning about money, and make it a focal point in your life.
- Being in the flow with money and focusing on financial stability leads to personal growth and long-term success in all areas of life.
- Conquering our fears, big or small, can lead to personal and financial transformations by building belief, confidence, and embracing fear as a sign of growth.
- Self-doubt can be overcome by taking action, facing fears, and practicing self-acceptance. Setting boundaries and prioritizing self-care are also crucial in building confidence and achieving greatness.
- Addressing deep-rooted fears and misconceptions about money is essential to attract and retain wealth. Reframe your mindset and visualize positive relationships to heal and strengthen your financial journey.
- Love and affection can be shown in many ways beyond financial support, such as emotional support, time, thoughtfulness, and spiritual presence. Financial stability should not determine one's worth or role in a relationship.
- Hiring a coach or mentor can provide valuable guidance, perspective, and expertise in financial endeavors, helping us save time and money and reach our full potential in achieving financial goals.
- Focusing on mindset, stepping out of comfort zones, and embracing fun can shape our experiences and lead to personal growth, creating a fulfilling and remarkable existence.
📝 Podcast Summary
Shifting the narrative on money and giving
There is a deep-rooted fear and morality attached to making money, which holds many people back from believing they deserve financial abundance. Society often equates pursuing wealth with greed, leading to judgment and stigma. Additionally, the media tends to focus more on the negative actions of the rich rather than their philanthropic efforts. However, it is important to shift the narrative and remove the stigma around talking about money and giving. By sharing our generosity and encouraging others to do the same, we can inspire a culture of generosity and empower others to give in various ways, not just monetarily. Let's change the conversation around money and embrace the positive impact it can have.
Shifting Identity: A Key to Changing Our Relationship with Money
Shifting our identity is crucial in order to see money differently and be able to receive it. Jen Sincero shares her personal experience of feeling like a child version of someone who has wealth, always sitting at the "kid table financially." She explains that by constantly saying "I can't afford it," we are subconsciously proving and reinforcing our identity as someone who can't afford things. Changing our reality and identity requires a complete shift and can feel like an explosion or a death of the old self. Additionally, Sincero highlights the challenges of friends, family, and communities not supporting our growth because they are comfortable with who we used to be. She advises making the decision to prioritize our own growth and surrounding ourselves with people who align with our new identity.
Embrace discomfort and prioritize personal growth for success and inspiration.
Growth and discomfort go hand in hand. Staying small and shrinking to maintain the comfort of those around you will hinder your own growth and also prevent others from being inspired by your success. By shifting your focus towards personal growth and surrounding yourself with like-minded individuals who share your ambitions, you create opportunities for meaningful connections and progress. It's important to be selective with your time and energy, prioritizing those who truly support and uplift you. Overcoming financial struggles requires a combination of positive thinking and emotional connection, as both thoughts and feelings can influence your relationship with money. Taking risks, seeking guidance, and embracing the excitement of personal growth can ultimately lead to transformation and success.
Changing our mindset towards money
Our beliefs and attitudes towards money greatly impact our financial success. Jen Sincero discusses her past resentment and frustration towards money and how she resented those who talked about it. By keeping money as a hush-hush topic, we perpetuate the idea that it is a dirty or evil thing. However, Sincero emphasizes the importance of changing our mindset and having open, joyful conversations about money. Lewis Howes shares his own experience of struggling with money and realizing the significance of speaking about it in a healthy way. When we remove the negative emotions and beliefs surrounding money, we become more open to receiving it and creating financial success.
Appreciating Money: The Key to its Growth
Our mindset towards money directly impacts its growth and appreciation in our lives. If we want money to appreciate us, we must appreciate it first. Just like treating our partner with love and appreciation, we must pour into and appreciate money as well. Money is energy, and when we raise our frequency and align ourselves with it, it can flow to us easily and freely. Even if we don't fully believe it yet, the important part is to feel it. The power lies in the emotions that the words evoke. It's never too late to start making changes and seeking abundance. Being sick and tired of our current situation can be the catalyst for transformation. Investing in a coach can also make us more accountable and motivated to not only make our money back but also to create more abundance in our lives.
Harnessing the Power of Your Mindset
Mindset is everything when it comes to achieving your desires. It's not about focusing on the appearances or physical circumstances, but rather thinking what you want to think and aligning your thoughts with the truth of your desires. This includes thinking authentically and not just conforming to what others expect of you. Additionally, it's important to evaluate whether your pursuits are fun, energizing, and meaningful. If they meet these criteria, it's a sign that you're in harmony with your desires and moving towards something fulfilling. Even if you can't have all three factors immediately, it's crucial to start working towards them and ensure that your actions lead in that direction.
Setting High Financial Goals and Charging Premium Prices to Achieve Abundance and Success.
Setting high financial goals and charging premium prices can be a powerful mindset shift that leads to abundance and success. In the story, Jen Sincero shares how she manifested $10,000 in just two days by raising her frequency and believing in her own worth. By creating a valuable package and positioning herself as an expert, she was able to charge a higher price and attract clients who were willing to pay for her services. This demonstrates the importance of stepping outside of our comfort zones and setting big goals in order to achieve financial freedom and emotional well-being. When we charge what we're truly worth, we show up with our best efforts and deliver exceptional value to our clients.
The Importance of Investing in Self-Improvement and Confronting Financial Fears
Continuous personal and financial growth requires commitment and investment. Jen Sincero's success in selling high-value coaching packages and reaching six-figure incomes was not a fluke. She recognized the importance of getting coaching and investing in herself to develop a wealthy mindset. Despite her achievements, she acknowledges that there are always higher levels to strive for and more room for growth. She also expresses her fear of not knowing what to do with her money and the possibility of losing it. However, by openly discussing her fears and seeking guidance from financial professionals, she ensures that her fear doesn't hold power over her and actively takes steps to manage and grow her wealth. The key takeaway is to proactively invest in self-improvement, seek coaching, and tackle financial fears head-on to continue growing personally and financially.
Cultivating an Abundant Mindset Around Money
Having an abundant mindset around money involves several key things. Firstly, it is important to appreciate and love money rather than viewing it as something weird or scarce. Being generous with money is also crucial, as it allows you to flow with it and attract more abundance. Taking risks is another characteristic of those with an abundant mindset, as it requires stepping out of your comfort zone and doing things you've never done before. Additionally, wealthy individuals prioritize learning about money and making it a focal point in their lives, which is a shift from avoiding and stressing about it when experiencing financial hardship. By embodying these principles, you can cultivate a mindset that attracts financial abundance.
The Importance of Building a Good Relationship with Money and Taking Personal Responsibility for Financial Success.
Building a good relationship with money and being realistic about income streams is essential. Jen Sincero emphasizes the importance of being in the flow with money and focusing on it, rather than just pursuing noble artistic goals without considering financial stability. She reflects on her own journey and acknowledges that if someone had given her a steady income, she might have spent it irresponsibly or not found it as fulfilling. Taking personal responsibility for financial success is a transformative experience that leads to personal growth and development. Sincero also highlights the necessity of maintaining motivation and staying committed to personal growth by treating it like a spiritual gym practice, with daily activities such as meditation and reading self-help books. This commitment leads to long-term success and positive change in all areas of life.
Embracing Fear for Personal Growth
Facing our fears and doing something that scares us every day can lead to transformative changes in our lives. By stepping outside of our comfort zones, embracing fear as a sign of growth, and taking action towards our goals, we can experience rapid personal and financial transformations. Jen Sincero emphasizes the importance of challenging ourselves and tapping into our inner power and universal intelligence. This practice of doing something scary can be small or big, as long as it moves us in the direction we want to go. By creating a fear list and actively working towards conquering our fears, we can build belief and confidence in ourselves, leading to positive outcomes and personal development.
Overcoming Self-Doubt: Facing Fears, Taking Action, and Working on Self-Acceptance
Self-doubt is the killer of dreams. Lewis Howes shares his experience of gradually overcoming his fears and gaining confidence by practicing and making continual progress. He emphasizes the importance of not waiting until we feel ready to take action, but instead, just doing it now. Additionally, Jen Sincero highlights the significance of setting boundaries and prioritizing self-care as a way to overcome self-doubt. They both acknowledge that abandoning ourselves or succumbing to external judgment can hinder our personal growth and happiness. While they acknowledge that judgment is a natural human tendency, they encourage us to work on accepting others' journeys and not letting their opinions affect our self-belief. Ultimately, facing fears, taking action, and working on self-acceptance are key to overcoming self-doubt and achieving greatness.
Healing Our Past for Financial Freedom
Healing our past and our thoughts surrounding money is crucial for experiencing financial freedom and enjoying our wealth. If we carry negative beliefs or unresolved issues about money, it can prevent us from fully embracing and taking pleasure in our financial success. Jen Sincero emphasizes the importance of uncovering and addressing these deep-rooted fears and misconceptions, as they can sabotage our ability to attract and retain wealth. For Jen, it was a realization about her relationship with her father and her fear of making him feel unloved by becoming wealthy. By reframing her mindset and visualizing her father being proud and supportive, she was able to heal and strengthen her relationship with both money and her father.
Expanding the Definition of Relationship Value
Providing value in a relationship goes beyond financial support. While it may be a cultural belief for some men to be providers, it's important to recognize that love and affection can be expressed in various ways. Money should not determine one's worth or role in a relationship. Instead, both partners should focus on providing value in other aspects such as emotional support, time, thoughtfulness, and spiritual presence. It's crucial to empower each other to make financial decisions and not rely solely on one person for financial stability. By understanding and embracing this perspective, relationships can thrive with mutual respect and a focus on non-monetary ways to show love and care.
The Importance of Having a Financial Coach or Mentor
Having a coach or mentor can greatly benefit us in achieving our goals, especially when it comes to money. Just like Olympic athletes have coaches to guide them, we too can benefit from someone who can provide us with guidance, perspective, and expertise in our financial endeavors. A good coach can help us see our situation without any biases or preconceived notions, saving us time and money in the long run. While Jen Sincero is currently in a season of self-discovery and reflection, she acknowledges the value of coaching and is open to hiring one to help her navigate her next steps. Ultimately, investing in a coach or mentor can help us reach our full potential and succeed in our financial pursuits.
Embracing Fear, Having Fun, and Developing a Positive Mindset for an Awesome Life
Developing a positive mindset, embracing fear, and having fun are essential to living an awesome life. Jen Sincero emphasizes the importance of focusing on mindset and paying attention to it, as it plays a crucial role in shaping our experiences. She also encourages people to step out of their comfort zones and do the scary thing every day, as this leads to personal growth and expansion. Additionally, she highlights the significance of having as much fun as possible, as life is meant to be enjoyed. By incorporating these three truths into our lives, we can create a truly fulfilling and remarkable existence.