Entrepreneurs: What’s your Financial Setpoint?

I met an amazing young woman last weekend at Christine Comaford’s 7-Figure Business Summit.  She asked me for some coaching, as she was up against her unconscious financial set-point, and unable to decide whether or not to invest in an advanced program to build her business.  Here’s her story, and perhaps yours as well.

Her parents always had “just enough” to make ends meet when she was a child. Now an entrepreneur, she had only just enough to pay her bills.  Regardless of her best intentions, she could never make more than “just enough” to survive.  She had accepted her parent’s version of just enough, and had never recognized its impact on her life.  As we spoke, she realized that she could easily expand her version of just enough to include herself and anticipated business expenses. Worry was replaced by wonder at the simplicity of adding herself and her ongoing education into her financial equation.

In a moment or two, she re-evaluated her just enough set-point by adding in self-care, tithing, and money to cover unexpected expenses and training.  Her face lit up, and in that simple process of asking herself what her current “just enough” was, she was able to expand it to an amount that was believable for her.

Here’s a way to re-set your “just enough” button, and begin to loosen your unconscious beliefs. Left unexamined, your bank account is sure to suffer!

1)  What’s your “just enough” figure?  To find it, look at your actual monthly expenses.

2)  Did you include optional items, such as vacations, self-care, massage, continuing education, tithing, saving, or unexpected expenses?  If not, factor in enough money to cover them.  As you add these up, they represent your new “just enough” income set-point. Self care is not optional, nor is investing in yourself.  Take time to identify what is important to you.  Factor their cost into your “just enough.”

3. Pay attention to the thoughts you have about including yourself in your “just enough” scenario.  As you expose these hidden beliefs, you lessen their hold on your life.

4.  Have fun!  Expose and update those pesky beliefs -  and notice how your income expands.  Enjoy the new awesome opportunities as they come knocking at your door…

and recognize that you were always “more than enough” to make your dreams come true.