How is your relationship with money?
Don’t take that question lightly.
Stop and think about it for a second.
Because, if left unchecked,
Your relationship with money could be ruining your business and wealth.
There was a time when I was younger
(when I was still trying to become successful)
Where I would fly to Sydney to join business masterminds.
However, at the time, the way I thought about money and the decisions I was making were framed by my scarcity mindset.
So, before the event,
I would literally spend hours trying to:
– find the cheapest flights
– get the cheapest hotel room
Even to the point that one time
(brace yourself for this one… 🙈)
I reached out to someone that I hadn’t been in contact with for years…
To ask them if I could sleep on their couch while I attended the event.
After awkwardly navigating the sleeping arrangements that I got myself into
And lying to people at the event about why I wasn’t staying at the hotel
I realised that I was travelling for almost 2 hours to get to the event each day
I could have avoided lying and wasting time by just staying at the hotel
And, the real kicker is…
If I had chosen to stay at the hotel,
I would have had an extra 2 hours to network with the other business owners, which could have led to better results from the event.
On the flight back home,
I couldn’t help but question myself about what the F$%K just happened.
I lied to people and went to great lengths to spend as little money as possible
So that I could get the best return on the money I was already spending
But in the end,
I ruined my own opportunity to get the most out of the event.
Luckily, I started addressing how I thought about money after that experience.
And looking back now, that flight back was the inflection point in my journey.
And, well, who knows, maybe this email could be yours too!
In this week’s podcast episode, Grant and I are discussing our relationship with money.
How it has affected our business, and how we changed our perspective so that we could make better decisions and continue to grow our businesses.
Tune in now!
PS: Send us an email, and share how you identified your limiting beliefs and what actions you are taking to overcome the way you think about money 🙂
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision
00:00 Welcome to Business and Investing
02:23 What happens when you project scarcity into your business
09:48 When did Charley realise he had money issues?
19:26 How Charley’s money issues reflect in his business
27:11 Looking into the past to understand the present
38:51 How did Grant’s money mindset show up in his business
42:57 The connection between demographics and mindset
If you enjoyed this episode, be sure to subscribe, tune in, and share this podcast!
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