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The Mind Your Business Podcast

All entrepreneurs want to know the secret to success. James Wedmore, a seven-figure online entrepreneur, believes success is created by mindset over strategy, magic over metrics, and attitude over action. In this podcast, James and co-host Phoebe Mroczek untangle the common misconception that hustle and hard work are all it takes to be successful.
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Now displaying: March, 2016
Mar 29, 2016

Ever have fears around doing something? Everyone has, and in this episode, James and Phoebe share theirs. They explain how they overcame them, as well as providing listeners a simple exercise on how you can face your own fears, so you can grow into the biggest version of yourself!

This podcast launched in January of this year, and in the first week alone, about 13,000 downloaded the show. Despite the results, both James and Phoebe had big fears around launching the podcast.

James says it was easy to record the episodes, but it was hard to promote it. He says the most uncomfortable point came when he sent the first email to his mailing list to let subscribers know that it had launched. Phoebe had fears around how she would sound behind the microphone.

In addition to the podcast, Phoebe recently moved back to the United States and got a new place in San Francisco. She didn’t know anyone in the city, as well as the housing costs being amongst the highest in the country. 

For years, James has wanted to host a mastermind group for high-level, highly paid extraordinary entrepreneurs. On a tight time schedule, he finally overcame his fear and recently launched it. He considers it “the lightest, easiest, most fun and incredible experience”, despite the initial fears he faced around it.

The purpose of fear is to protect you, but if you’re an entrepreneur, fear is inevitable. When we place fear on the action we are looking at taking, your ego will do whatever it takes to keep you inside a “safe box”. Entrepreneurship is about thinking and living outside of that box.

“Fear is an indicator that we’re growing, and doing bigger stuff than ever before”

Here is an exercise that you can do to start overcoming your fears. First, write down a list of 10 things that scare you (particularly focusing on the top three). Examples could be public speaking, reaching out to an influencer in your industry, getting on a podcast or creating your first course. After identifying your fears, acknowledge that they exist, accept them and even thank them. These two steps alone will have you on your way to become the bigger version of yourself. 

We’d love to hear from you – write your list below in the comments section!

Submit Your Question!

 INTERVIEW LINKS:

The Mind Your Business Podcast on iTunes

Mar 22, 2016

Denise Duffield-Thomas is the money mindset mentor for online female entrepreneurs, and the author of two best-selling books: “Lucky Bitch” and “Get Rich, Lucky Bitch.” In this episode, she shares her thoughts on manifesting money, the craziest thing she has ever manifested in her business and her 5 steps to manifesting more money in your life!

Denise shares that you don’t have to be a woman to benefit from her content, but she did write her books with women in mind as she felt women mostly needed to hear what she had to say.

She believes that some people think that more money will fix the blocks that exist in their mind, but this isn’t the case.

“What I’ve found is that most of us have one or two money blocks that are constant”

For Denise, her major money block was the idea that you have to work hard for your money. For this reason, she had four jobs at once when she was in university.

This thought has hit her at every stage of her business, and it even comes up now from time-to-time.

“It’s quicker to get out of this when you have the tools”

James told her years ago that you can’t reach 6-figures in your business without outsourcing.

“Hard-earned money is harder to let go of”

Denise says that the money block itself is usually a symptom of something else which has typically been ingrained in the mind for a long time.

“Like anything, it comes down to our stories”

Not only are our money blocks a result of what happened to us, but also it’s also what we have made it all mean.

“You can’t change the past, but only what you’ve created and the beliefs around it”

Denise shares that if you can unravel your money story, it’s a powerful lesson and it really does free you to choose something else. She says a valuable exercise you can do is to make a list of everything you remember believing about money. Look for patterns and common denominators, and the more often you do this, the shorter the list will get.

She believes strongly that money blocks will affect your use of The Law of Attraction, as you need a strong “foundation” of thoughts.

De-cluttering everything (physically, emotionally, spiritually and energetically) will help you manifest more money. Find the “path of least resistance” and start there, as the action of de-cluttering will create momentum.

“The Life-Changing Magic of Tidying Up” by Marie Kondo is a great resource that can help you de-clutter (see “INTERVIEW LINKS”).

By changing your language and thinking of manifesting as more of “training for your brain”, it will be more effective.

“Find a way that resonates with you. You’ve got to do something, otherwise you’re just going to stay the same.”

In her first book, she tells the story of how she manifested a 6-month all-expense-paid trip around the world. To do this, she used the power of intention to win a trip as part of a promotion for a honeymoon company. To do so, she and her husband beat 10 other couples.

“There was never a doubt in my mind that we were going to win it”

She says that part of de-cluttering is just to be ready for the outcome, and to detach from it. A big part of this is being really clear and honest about what you want, and to not care exactly how you get there.

When you de-clutter, things will come to light and help you determine what you want. Denise says that some people are afraid to ask for what they want.

“Talk about your dreams. Talk them into reality.”

Denise explains that a lot of the stuff people struggle with in terms of money comes from a feeling of not being enough, which leads to thoughts of not deserving a great business or life.

Her best advice for dealing with people who judge us for stepping into the next level of abundance is to just work on yourself, and not worrying about scenarios that often aren’t even true. When we step into our power, it can often make others feel unsettled, but you can’t get business advice from what she calls, “inappropriate sources.”

“It’s OK not to share everything that happens in your life and business”

Denise’s 5 Steps To Manifesting More Money (see “INTERVIEW LINKS for her downloadable “cheat sheet”)

1. De-clutter – see above!

2. Get clear on what you want – State your goals, and make a stand for what you want.

3. Immerse yourself in the “world of possibility” - To do this, you can test drive a car you want or start looking at your dream home.

4. Take inspired action – This can be as simple as just getting a client, or sending out a group of emails.

5. Receive - Learn how to be detached, which will allow you to say “Yes” to the Universe.

Denise adds that there’s always something more you can do right now to get closer to your goals. She often reviews her own cheat sheet and goes back through the 5 steps listed here.

She admits that she’s been scared herself when moving into a more expensive home and considering new business opportunities.

“Business is scary. The things that scare you today won’t scare you tomorrow, but there’s always going to be something new to be scared of.”

For James and Phoebe, starting this podcast instilled fear in both of them.

Denise’s mantra is “It’s my time and I’m ready for the next step.”

Procrastination is normal, and she waited three whole years to release her manifestation course that she created in 2012.

Denise’s money-tracking app, and accompanying article, is a useful tool that can help you and your money blocks (see “INTERVIEW LINKS”).

If she could go back in time to any point of her life to give advice, it would be when she was 28 years old. At that time, she was at a job she didn’t enjoy and thinking that she would have been further along financially.

“I’d tell myself that I need to work on some inner stuff”

Denise concludes with this insight:

“I have this inner belief that today is my lucky day. Today can be your lucky day and you make your own luck.

Submit Your Question!

INTERVIEW LINKS:

Denise’s website

Denise’s 5 Steps Downloadable Cheat Sheet

Denise’s Money Tracking Apps & Article    

Become a Lucky Bitch Affiliate

“The Life-Changing Magic of Tidying Up” by Marie Kondo

 

Mar 15, 2016

Do you have a morning routine? Having one can be important, and can set the tone for your day. In this episode, James and Phoebe share how they each start their days, as well as giving listeners a “buffet” of choices for what to include, and not include, when developing a morning routine.

James changes his routine often, but they all tend to follow a similar theme.

“I do create that space that allows me the opportunity to start any day right. Your morning routine is about putting you first.”

It’s important to be consistent, and intentional, when starting a routine. Ask yourself what feels good to you. For James, it’s feeling joy and peace, while being powerful productive and grateful. 

James routine usually includes driving his golf cart around his private community early in the morning while listening to audiotapes, or going for a walk on the beach. He usually goes for breakfast by himself and reads a book with a tea or coffee. As well, James meditates twice each day 

“Meditation for me is a mainstay; it’s a staple and it’s essential.”

Phoebe sets her phone to 14 minutes as soon as she wakes up, so she can close her eyes and visualize. She pictures the projects she’s working on, outcomes she’s looking for, and in depth details of what she wants in her life.

You can be so much more receptive to suggestion when you wake up for a dream state.

Seeing the sunrise in the morning is something Phoebe looks forward to, and she’s done the practice of writing “love letters” to herself. This can help you can in touch with who you are and to appreciate yourself. 

What are things that shouldn’t be in your morning routine?

  1. Facebook, Email and Text Messages - These are things that you don’t have control of, and they can trigger stress to start your day.
  1. The News – If you find yourself getting upset by the things that you read, it’s  time to re-evaluate whether it’s the best thing to include in your morning routine.
  1. Early Morning Meetings/Calls – These tasks should come after your complete your morning routine.

What are some things that you can put in to your morning routine?

  1. Walk - This can be alone, or with others.
  1. Meditate – Set meditation “goals”, even if you start with just 5 minutes a day.
  1. Read – Material you read can be autobiographical, personal development or business/marketing content 
  1.  Exercise – This can include yoga, a workout or simple stretching.
  1.  Journal – You can write about how you feel, or go on a “Gratitude Rampage” for what you’re thankful for.
  1. Visualize, Discuss Your Goals, or Do Breathing Exercises
  1. Shower – Be mindful and start your day fresh!
  1. Make Your Bed, Fix Your Preferred Drink & Eat a Healthy Breakfast – these activities can be cornerstones of routine and help start the day off right.           

It’s recommended immediately after you finish your morning routine, you do the important, but not crucial, item on your “to-do list.” This will remove the urgent items in the future, so you’re not as reactive.

Ultimately, it’s not what exactly what you have in your morning routine, but that you have set your day off in the right direction based on how you feel!

Submit Your Question!

INTERVIEW LINKS:  

“The Abundance Book” by John Randolph Price

Mar 8, 2016

We hear a lot about motivation, but did you know that there’s a difference between being motivated, and being inspired? James and Phoebe explain more in this episode, as well as providing 6 ways to invite more inspiration into your life!

James explains that when the motivation you receive is external, it is short-lived.

For this reason, he helps the clients and students he coaches get inspired, rather than motivated.

Being motivated won’t necessarily get you to your goals, but it does allow for an opportunity to open the space for inspiration.

Inspiration is intrinsic, or internal, and is defined as “the process of being mentally stimulated to do or feel something.”

James looks for ways to be inspired in his business. Rather than taking “massive action”, take “inspired action” where you create from the inside out. This is a natural tendency that feels effortless.

James shares how he was inspired to get his own office in Laguna Beach after seeing his friend’s office space in Portland, Maine.

Phoebe was working at an uninspired job in Beijing when she noticed a lot of her friends were single. This inspired her to start hosting singles events to bring people together, and the venture eventually replaced the income from her full-time job.

6 Ways To Invite More Inspiration Into Your Life

1) Set intentions for what you want, and ask the right questions

When James’ coaching clients are stuck and not knowing what to do next, he always has them ask themselves, “What do I want?” Even though you might yet know the specific details on how it might show up, just being clear ask asking these questions will help inspire you. James used this process himself when planning a launch, knowing he wanted a new way to promote his offer, and the answer came to him after speaking with a friend.

2) Create space to do things that have zero resistance

To get more inspiration, do the little things that you enjoy doing, that have no resistance. This can be as simple as going for a walk, calling up a friend or seeing a movie. James has a go-to list of 5-6 activities that he can go to when feeling burnt out and not in flow. 

3) Meditate

James and Phoebe will be dedicating a future episode to this topic, as it is so important. There is scientific proof of the positive effects meditating has on happiness, productivity, teamwork and more. Successful people like Jeff Walker and Arianna Huffington are known to meditate, and Tony Robins has a great YouTube video on his “Hour of Power” (see “INTERVIEW LINKS”).

4) Attend live events to hear inspirational speakers and influencers

Phoebe attends meet up events in her local area to meet influential leaders, and James credits his attending of live events as a major reason for his success. Hearing successful people who are in the flow state share their experiences about life can be very inspiring. Doing this will force you to rewire the way you think, behave, act and feel.

5) Read and listen to inspirational content

Resources such as books and podcasts can create a space that will allow you to be intentional in your life, and help you get in the right mindset to succeed. When you see or hear the passion someone has, it can be inspiring. Phoebe also listens to audio books, which be done while sitting down in one place.

6) Surround yourself with people that can inspire you

James is in a mastermind group that consists of only 7-figure business owners, and he says just being in the same room as everyone else is inspiring.

It’s important to be present, conscious and aware of whom you’re surrounding yourself with. If a mastermind or group you’re a part of isn’t serving and inspiring you, you should get out of it, as you can’t be an inspiring person when you’re not inspired yourself.

Submit Your Question!

INTERVIEW LINKS:

Tony Robbin's "Hour of Power" 

Mar 1, 2016

In this episode, James and Phoebe explore a sometimes awkward and uncomfortable topic: relationships with money. They talk about their own experiences, as well as sharing a simple exercise on how you can improve your own relationship with money!

Everyone has a relationship with money. There are people that are really good at saving money, as well as others who are good at making money. James feels that successful entrepreneurs fall into the second category. 

Your relationship with money is indicated by your actions, and your habits, such as how you feel when you spend your money.

We all have “stories” about money, which is where your relationship with money originates from. In most cases, our stories come from a young age as a result of the influence of our parents or environment. 

James grew up with a scarcity story related to money, and he recalls his parents always turning lights off and closing doors to conserve heat.

“If money comes easy to you, it’s ok if a little bit slips through your fingers. If it’s really hard to get, you hold onto it with a death grip.”

Phoebe recalls her dad leaving printed credit card statements on her bed, with the unknown charges highlighted. She would then have to explain to him what they were.

Her mother grew up in a household with money and had a much different money story than her father. Her mother wouldn’t look at prices and choose value over cost.

Parents should observe how they’re talking about money around their kids, as it could influence the future actions and habits of the child.

Phoebe says that instead of saying, “I can’t afford it”, you can say, “I choose to invest my money in different things.”

James shares that in order for money to flow in, it has to be willing to flow out. He gives the following exercise to help your relationship with money. 

The next time you make a transaction or pay for something, visualize and imagine where that money will go as you send it out. Imagine how others will use it. Whenever the uncomfortable feeling is at its highest, is when you’ll want to do this exercise. The more you practice this, the more empowered you will feel about money.

Submit Your Question!

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