Overcoming Limiting Beliefs that Limit Your $uccess

Written by Barbara Huson

Dear Entrepreneur,

If success eludes you and profits are paltry, a new study sheds important light on your situation. Being a business owner myself, I found it quite illuminating.

All 357 female entrepreneurs surveyed knew what they needed to do to grow their business. Yet they “expressed doubt” about taking those steps due to their limiting beliefs.

“Female entrepreneurs limit their business success because they hold beliefs that lead to small actions instead of big ones,” the study reported. Or they may avoid taking any action altogether.

Bottom line: The more limiting your beliefs, the lower your earnings.

The study was brought to my attention by Catherine Bown, a member of my online community, The Wealth Connection, sales trainer and one of the six researchers of the study.

Why I Have a Problem with “Rich”

Written by Barbara Huson

My passion is helping women become wealthy. I notice, however, I rarely, if ever, use the word ‘rich.’

I remember when, decades ago, David Bach sent me a copy of Smart Women Finish Rich. My first book had just been published, one of the earliest finance books geared to women, and he wanted to talk.

I loved what he wrote, but the word, ‘rich’ turned me off. I couldn’t understand why.

Then, last week, I received a newsletter from Nick Maggiulli, titled: Rich vs Wealthy: A Comprehensive Guide to Different Financial Lifestyles.

Finally, I realized why ‘rich’ never resonated.

You Say You Want More Money, But….

Written by Barbara Huson

If intentions are so powerful, why don’t they always pan out? What if you swear you want to make more money, your intent is sincere, your desire is strong, but try as you might, your paycheck remains paltry?

If this is the case, it’s for this reason: You get what you want, not what you ask for. The distinction is critical.

When a buried intention—say, to be comfortable—is stronger than your spoken one—to be profitable—you’ll stop yourself at every turn. You may say, and believe, you want to make more, but that’s not the message that’s reaching your brain.

If you’re not getting it, for whatever reason, chances are you may not want it. Or as A Course in Miracles explains: “What you ask for, you receive. But this refers to prayers of the heart, not the words you use in praying.”

I guarantee, setting a powerful intention and committing to it can make a big difference in how financially successful you actually become.

How Strategic Are You?

Written by Barbara Huson

When I wrote Secrets of Six-figure Women, I learned how important Strategic Thinking was to their success. Yet it’s not something many women are inclined to engage in. I certainly didn’t.

Strategic thinking means keeping one eye on your higher purpose without taking the other off the bottom line.

Men seem much savvier at strategic thinking. Women, in their eagerness to give back to their community or give birth to their dreams, often neglect this critical step.

To think strategically, you must constantly link your Big Vision to the costs of doing business, connect your mission statement to the profit/loss statement.

The Secret to Success in Only Five Words

Written by Barbara Huson

One day, I was glancing at the Wall Street Journal, when 5 words grabbed my attention. “The survival of the focused.”

I forget what the article was about. But I knew those five words carried a powerful message. A message High Earners live by. But one Underearners have failed to grasp.

Without focus, it’s easy to get sidetracked by multiple distractions fighting for your attention. But with focus, conflicting objectives cease to control you, making it easier (and less stressful) to take decisive action without second guessing.

What’s the trick to getting focused? Getting crystal clear on your priorities, what’s really important to you. All else goes on the back burner.

How the Wealthy Think

Written by Barbara Huson

F. Scott Fitzgerald once declared: “The rich are different than you and me.” To which Ernest Hemingway responded: “Yes. They have more money.”

I’d take it a step further: “But why do the rich have more money?” And my answer would be: “Because the rich think differently.”

So how do the wealthy think? The other day, I made a list of things I consistently hear successful women (and men) say. To be clear, I’m not talking about highly paid celebrities that go bankrupt, but those who sustain their wealth over a long period.

Men vs Women

Written by Barbara Huson

Note to the financial industry: women are not men. Even though advisors are tripping over each other trying to woo women’s business, they are talking to us just like they do men. Big mistake.

As Einstein once declared, “If you ask a fish to climb a tree, she’ll always feel stupid.” Same is true with money. If you try to approach finances like a man, you’ll always feel like a fish out of water.

True, money knows no gender. But women think and communicate very differently than men. Apparently, the financial world hasn’t gotten the memo.

Let me explain 3 important differences between the sexes.

It’s Time to Toughen Up!

Written by Barbara Huson

Want to know the big secret to financial success? I got it straight from the mouths of women who make six and seven figures.

If you want to play a bigger game, you’ve got to toughen up!

Toughening up means disconnecting from your Inner Pleaser and growing thicker skin.

By nature, we women want everyone to be happy with us. Successful women are no different. Almost all I interviewed confessed to a “little girl inside me who wants to be liked.”

However, success requires us to make difficult, even painful, decisions that often have negative consequences for other people.

In fact, virtually all the women I interviewed told me that their biggest regret was not making tough decisions sooner.

Receiving: A Requirement for Success

Written by Barbara Huson

There is a direct correlation between your level of success and your ability to receive.

Receiving is to our Soul what eating is to our bodies—a source of strength, nourishment, and growth. To gain the benefits from food, you must chew, swallow, digest.

So, too, there are three steps to receiving: Acknowledge, Appreciate, and Assimilate. When you don’t fully engage in each of the three steps, you starve your Soul and your finances can suffer.

Admittedly, receiving can be tricky. Many gifts come camouflaged.

Therefore to receive fully, you must suspend judgment. Nothing that happens is ‘good’ or ‘bad, ’right’ or ‘wrong,’ ‘negative’ or ‘positive.’

Finding Your Purpose (Exercise Included)

Written by Barbara Huson

In my interviews with highly successful woman—women making high six- and seven-figures–I was struck by how they all seemed possessed by an almost divine sense of purpose.

I was reminded of a quote from Joan of Arc: “I am not afraid. I was born to do this.”

That’s how a Higher Purpose feels. You must do this, no matter what happens, no matter how frightened you are, no matter how impossible it seems.

Purposes can range from the blatantly ambitious (create world peace) to the seemingly trivial (lead a simple life).

Success

Overcoming Limiting Beliefs that Limit Your $uccess

Why I Have a Problem with “Rich”

You Say You Want More Money, But….

How Strategic Are You?

The Secret to Success in Only Five Words

How the Wealthy Think

Men vs Women

It’s Time to Toughen Up!

If you want to play a bigger game, you’ve got to toughen up!

Receiving: A Requirement for Success

Finding Your Purpose (Exercise Included)

Meet Barbara Huson

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