Episode 16 Why You Are Stuck Making The Same Income Every Month

If you are stuck making 1-2K every month it is highly likely you have some money blocks around earning more money and your ability to grow your brilliant business further.

In this episode I dive deeply into this topic and share exactly how you can figure out what is happening and exactly what your blocks are PLUS I share 2 resources that will help you to remove these blocks so you can start to call in more clients, money and impact.

If you have any questions about money and your relationship with money please leave your comment below and I will happily come back to you.

Resources For Your Money Mindset:

1) My Wealth & Abundance Hypnosis you can download for FREE here: https://rachelsmith-thebusinessgrower.com/your-hypnosis-recording/
and
2) My Udemy Course, Set & Achieve Your Monthly Income Goal - Every Single Month for here: https://www.udemy.com/course/set-achieve-your-income-goal-every-month-small-business/

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Love Rachel x

Transcript

0:00

welcome to the money mindset and miracles podcast, helping you to grow a predictable and scalable months of income from your business as gracefully as possible. I'm Rachel Smith business, coach mindset, expert speaker, and the founder of the 5k club. Have you ever nurses that. That strange situation that you are earning the same flipping money. Every single month. If you're not even sure. Just pause this podcast for a moment, or if not, anywhere in there. Your accounts is, uh, go and check this out. Good and see how right this is. You may be, get that kind of niggle in your stomach. That. I'm speaking direct UTA. But there is something really common that happens when you are making money in your business, is that it is really, really common. For you to get to a situation where your income is plateauing, and that is where the income just, just doesn't really move, uh, both, uh, number. You might move. A little bit, but when you actually look at your income, It's more or less staying the same. Every single month. And even maybe to the point, if you haven't done this work before, is that it's staying at the same amount every single year. And when that happen. It really can start to. Feed into that negative. Part of your brand and it's like, oh my gold, you can't read a successful business. It is impossible for you to be prices up. You can't work with. Um, Clients in the high end project or price paid, and it can start to be really, really damaging to your business, to your mindset to believe. But. There is something you can do. And I have worked for so many women on the S and the, the hadn't really consciously realized that they are an insane amount of money. They've had that kind of niggle, and they've got a way of checked it and go, oh my God, I'm making the same amount of money. And this happened for me in my business. So, you know, Kind of fairly new to running a business. Was, you know, All in doing everything. Doing all the things, working with all the people, investing in all the stuff. Got the end of the first tax yet. Right. Okay. That's my income. She would have been checking it earlier, but we'll come to that. Um, so carry on next year. Same thing happened. What what's going on? Is it possible for me to. Um, work with, um, more people to earn more money. Why am I stuck at this point? And it is around this time when I started to be aware of something called your money mindset. Um, obviously as a trained coach and NLP practitioner, Well aware of mindset, but I didn't really think about my money. Mindset and really what that is, is about how you think and feel about money. Um, and I didn't think about this. All the time I was a grownup. Uh, in a flourishing career and never thought about my money mindset, but as soon as I came through it in my own business and I was dependent on. Generating money every single month, you know, all of a sudden, Hey, the world changes. Isn't it. And all of a sudden, you become very aware of the money that you have and the money that you don't have as well. So when I started to notice this pattern, In, uh, my incapacity. I was like, what is this amount of money? And, um, um, why am I still So guess what, guess what? This led me to believe and guess what this led me to understand. And right back. You know, in 2010. Wow. It feels long time. Good. When I left, uh, to go on maternity leave to have my second child. And I made that intention that I was never going back to that paid employment. Uh, a year maternity and then I was able to negotiate, um, a theory. Luckily, we didn't see package. So kind of had like a second year. Of saying that I was kind of running your business. That actually I was just having this really lovely time with my children. And plenty of cash in the bone pin, nothing had really changed apart from the fact that I wasn't working. And then it got to the kind of the end of that period. And I was like, oh, heck if I don't start making some money, um, I'm going to have to go and find a job. And by now I really knew that didn't want to. So, you know, in those early stages, I haven't been looking at my money mindset ad. I was in business. I was having fun. I was. Maxine this and launching that. And I was talking to this person that was working with that client. That was all really exciting. How many, that was a consistency. I was just having a go, you know, seeing what works and that's exactly what you want to be doing. Early on. Um, but when I realized that I was making the same money every month and therefore every year, I would like. What is going on here? And as I said, it was about the time of the society to know more about how I felt about money and realized that how I felt felt when he had a direct correlation to how much money I could add. Um, I realized that there's a story that I told myself back in 2012, when I became much more intentional about growing business. The, I said to myself, As long as I can generate the same money that I was generating from my, um, salary. You know, that would equate to me running a successful business. And actually, when I started to look at this amount of money that I was earning every single month, which was the same for the past 24 months. I began to realize that the amount of money. Was. Mild income. And I attached a story. Around that amount of money. Back in 2012 and I kind of became intentional about running a business. I realized that I'd said to myself, as long as I was making that amount of money. Everything was fine. I could carry on running my business and I'm being a mum at home as well. And I realized that I'd really got myself wrapped up into that story. That that was the amount of money that I needed to Meg. And this is what we call an income ceiling. And if you. Of resonating with this and you, your Oop for actually exploring this a little bit for yourself. I really want for you to identify theories and the amount of money that you can see coming through into your account, into your business account, um, that you have a story about, you know, the question you want to be asking is what is the story that I have. Around this amount of money. Um, Then you need to do the work to release that story because it's become a block. It's become a limiting belief. Around your ability to earn more than that. And you might have all sorts of stories. Mine was about my own salary, which might be similar. You might have some stories about, it's not safe for you to earn more money than that. Maybe you will lose something if you earn more than that, perhaps if you earn more than that. Going to be any more than your partner or maybe somebody significantly, your family isn't feel safety to do that. Now you've got to understand. That all of those beliefs, all of those stories that you are unconsciously telling yourself, they're the things that are holding you back. And you're not going to, dramatically change your relationship with anybody else, apart from the relationship that you've got with yourself and money and that is the most important thing is that you will be able to go out into the world. Much bigger impact in much. More. Um, successful version of their life by growing the business, by working with more clients, by growing as an individual and by earning more money. So I would say to you that you want to do whatever you can. To understand how you think and feel about money and what those limiting beliefs are holding you back from growing the business, because you want growing your business to be as easy as possible. So let's just press, pause for a moment and think about what business would feel like if you didn't have your current limiting beliefs, but when they're not, you might be saying, well, I don't have any limiting. Beliefs about money. Because you haven't done this work yet. And I can guarantee that you will find some limiting beliefs about your Because seriously, we all have them. Every single person has them. It just depends on your ability to move through these things. Um, but I want for you to think about. All the action taking in your business. If you were. You know, doing all the action taking and you're getting all of the results. From the action taken. What would that be like? How different would your business be like then? How many more clients would you be working with? How much more money would you be generating and how different would your life be? If you are generating your desired income. Because it could be. The all you have to do is remove the limiting beliefs. And actually work on your relationship with money. So all of the action taken to start to generate those results that you truly decide to have. It's just think about that for a moment. And if you're like, oh yeah, I can definitely see that this is an area that I need to work on. I've got two amazing resources for you. The first one is my wealth and abundance hypnosis recording Joe, specifically written. And unconscionable means like you who renewed business, you, uh, ready to step into the next level of income. And you understand that perhaps you've got some limiting beliefs or blocks and I've written a hypnosis to. You know, to speak to those. Um, it's completely free. So the link is over. In show notes, go and download it. Go listen to it. Easy. Amazing. I listened to it. All the time. So it's one of those resources that is really impactful in the most positive way on you and your business and your results. And the other resource is might you to me cost, which is set and achieve your income goal every single month. It's a 30-minute course with three brilliant resources. And I take you through five steps. Where you can set your monthly girl every single month, where you can clear your limiting beliefs. And you can, I'm Corinne your new income girls. So it starts to feel really normal for you to show up and call that in. So if you are ready to work on your relationship, And money so that you can grow your business. You generate more profit and you can move away from all this. Kind of income ceiling, uh, limitations. These are two brilliant resources that really encourage you to go and download and access and do the work the course has been created to become like an integral part of your business. And you can use this tool every single month. And the more times you do it, The fussy you going to achieve those brilliant results. So a herb. I've enlightened you about. Income ceilings and how you can go and figure out what yours is. And then the steps that you can do to alleviate it. Ah, If you've got any questions about your relationship with money, anything from this mini-series of, UPSers all around your relationship with money, please. Drop me a comment below if you've lived this episode and you want more from this mini-series. Don't forget to subscribe. And if you'd like to leave me a review, I would massively appreciate that, but just helps more people. To find out about this podcast. And actually get those, our hearts and those things that are going to help. Them to create the business that they're looking for as well so if you feel like helping out some fellow entrepreneurs that would be amazing okay until next time have fun growing a brilliant business and i'll speak to you soon