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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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Sep 15, 2016

In this latest “Listener Question of the Week” episode, James and Phoebe talk about how to enjoy success without feeling guilty. They present three common limiting beliefs, and how you can reprogram your thinking around them, along with providing the affirmations that they each use on a regular basis.

Limiting beliefs around money will dictate our actions, and how we show up in the world. Do we enjoy the success and abundance without feeling guilty or undeserving of it?

James say that a dichotomy exists where people either have a fear of failure, or even a fear of success. Often, they fear that if they become successful, they won’t be able to control it and somehow won’t deserve it.

He’s had these issues in the past, but he got by them by remembering that the way he lives his life and runs his business is to inspire others through his actions.

He realized that in order to be a source of inspiration for others, he would have to charge higher prices and build a team to truly make an impact. Ultimately, these are the things that his ideal clients want for themselves.

“We tend to listen to, respect and look up to authorities that have the elements of the things we want”

Three common limiting beliefs (with ways that you can delete this programming and replace it).

1. Money is evil

You can let this one go and instead use “the more money I have, the more I can help.” By making more money, you’ll be able to donate more finances, and time, as well as having a bigger platform for which to give your message to others.

2. You have to work hard to make money and to deserve it

There is no direct correlation between hard work and more money; it’s simply about providing more value and solving bigger problems for people.

For this one, Phoebe shares a few affirmations that she uses:

“The less I do, the more I make”

“The more value I provide, the more money I make”

3. Making money is taking it away from somebody else

This belief comes from a place of lack. To switch to an abundance mindset, replace this belief with one that shows there is no limitation to money or abundance in this world.

James uses the affirmation, “The transformation is in the transaction”, and he notes that no one values what they get for free.

We should look for evidence and proof with each of these examples. Consider how many people today are making their living online; there is no limit to how many people can do this.

You can also look for clues in the way that you feel. If there is an internal conflict or struggle when you have achieved something, look for the source of the limiting belief. The more you do this, the more opportunity you’ll have to discover what is ruling your reality.

Phoebe adds that as you achieve more success, you can make small upgrades, like experiencing more expensive restaurants. This will help you reduce the effect of, or eliminate, any limiting beliefs around money that you might have.

Go easy on yourself if you have a certain way of thinking about money. Have fun, enjoy the process and look for the joy in every moment!

Submit Your Question!

LINKS:

“The Code of the Extraordinary Mind” by Vishen Lakhiani

Denise Duffield Thomas’ Lucky Bitch Money Bootcamp

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