How important is your Money Mindset to your Network Marketing Business?
Your money mindset will absolutely make a difference in your network marketing business and it is also very important for your success! Let me ask you a question. How do you feel about this sentence: You will only make as much money as you have developed your mind for wealth?
Does it make sense to you? Do you really understand what the message is? Read it again. Do you believe you can develop your mind for wealth or for at least more money? I do. Because I did exactly that. Today’s blog is about something that is very important to me: our money mindset.
How do you feel about money? Do you really know how you feel about money? Do you know what your money mindset is? Do you hear yourself say things like “he is filthy rich.” Or “she is so rich, she must be lucky.” Let’s take the “filthy rich” example. If you think something is “filthy”, do you want more of it? Who wants to be filthy anything? A lot of people think that wealthy people are selfish, which always intrigues me because most wealthy people are actually very generous. If you think wealthy people are selfish or acquired their wealth through unethical means, do you even want to become wealthy? How do you feel when someone else has a lot of money? Are you critical of others success? Do you think celebrities, athletes and movie stars are “just lucky”? If rich people are “bad”, are broke people “better”? Who has the opportunity to serve more people: The person with means or the person without? Sometime people get stuck that if they have more then someone else has less. That isn’t true. You need to believe in abundance and that you can be wealthy without taking anything away from anyone else.
Maybe you don’t want to become wealthy, maybe you just want to get past the just getting by phase. It all works the same. We limit ourselves. We are the ones that put the cap on our potential, including our earnings potential. Can you see how your language, how your beliefs about money could be sabotaging your ability to create more income in your life? You can change your money mindset for sure.
It is fascinating to listen to people’s language about making money and rich people. Most of us are walking around with the wiring from what we overheard about money when we were kids by family and friends who didn’t realize what an impact those faulty wires would have on us. That was the beginning of our money mindset. It is up to us to improve and expand it.
Money Mindset Exercise
Here is a quick exercise for you. Pull out a blank sheet of paper and draw a line down the middle. Write down Money is at the top of the left side of the page and Rich people are at the top of the right side of the page. Now finish each sentence with as many adjectives as you can for about a minute each. Now look at the words. Are they empowering words? Are they words like difficult, a pain, never enough, or hard to get? If the words for how you describe money and rich people are less than positive, then you have some work to do to change the wiring you have acquired a long the way. It happens to all of us and it is something you can change. Just by becoming aware of it. I promise you – it is holding you back both in life and in your network marketing business.
I believe money is fun. I love investing money. I love giving money to my favorite causes. I love spending money on my friends and family. I love creating passive income from my network marketing business. But It definitely wasn’t always that way. My parents had nine kids (in 11 years!) and money was definitely not abundant. There were a lot of things we couldn’t afford. I learned a lot of good things about money from my parents like saving and living within your means but what I learned about attracting money and investing and improving my money mindset came much later.
About 15 years ago, I went to work on my money mindset. I started reading books about creating wealth (Think and Grow Rich by Napoleon Hill is still my favorite). I started associating with people who were very successful. I started asking them questions and asking for their advice. I started paying attention to their language around money. I have never heard a person who has a lot of money say “I can’t afford that”. They may say, “I don’t need that.” It is a choice, not a foregone conclusion. Watch what you say to your kids. Instead of saying “we can’t afford that”, how about a more empowering question like “how could we afford that?” It will help create some entrepreneurship in your kids and it opens up the possibilities instead of shutting them down. Start your kids off with a healthier money mindset than most of us started with.
Would you like to stop using language that doesn’t serve you? If you have limiting beliefs about money then, no surprise – you won’t have much. You are not better or able to serve many by staying broke. When you change the language of broke and move towards abundance, you change the possibilities for what is coming your way for the better! And the others in your network marketing business will notice a difference in you. This is a great thing to teach people, too.
What if your money mindset changed to where you could make as much money as you possibly could?
What if you made as much as you could? What if you could give away a lot of money to help others? What if you became one of the top earners in your network marketing business? What if a lot more of us believed that was possible and went out and did it? Here is the biggest tip for creating more income: create more value in the marketplace. The value you create is directly related to the income you will earn. If you want more money, provide more value!
I believe we are here to help each other and one of the best ways to serve is to create more income in our lives so we have the opportunity to help more people.
P.S. If you enjoyed this network marketing tip post on your money mindset, tweet and comment please.