Are you struggling to make money in your coaching business? Do you feel like you’re doing #allthethings but you’re just spinning in circles? It might be because you have limiting beliefs about money that you aren’t even aware of — and therefore haven’t worked out.
If that feels too close to the truth and makes you a little uncomfortable (kinda like you want to close this tab and stop reading), you’re in the right place. We’ve seen so many coaches struggling with their money beliefs (ourselves, our clients, dang near everyone we meet), and we’re ready to step up to the plate and share how to change them.
If you’re new here, hey! We’re Cass + Tee, coaches, web designers, and entrepreneurs with 20+ years of combined experience. We’re also business besties and the creators behind this blog and Lovely Impact. We created this space to help coaches, like you, thrive in the coaching industry and make an impact with your business. Welcome, we hope you stay a while!
In today’s post, you’re going to discover exactly how limiting beliefs could be affecting the amount of money you make, learn what the most common money beliefs are, AND the process for overcoming them.
Now let’s dive in and get you to a place where you’re making money, honey.
How Limiting Beliefs About Money Impact Your Bottom Line as a Coach
You may or may not realize it (depending on how far you’ve gone into self-coaching), but the thoughts you think about money have a direct impact on your coaching business and your ability to make money.
For example, if you believe that “money is hard to come by” or “you have to struggle to make money”, those beliefs will become your reality. And what do you think will happen to your coaching business if you believe those things to be true?
You guessed it — you’ll struggle in your business and probably won’t make much money.
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On the other hand, if you believe that “making money is easy” or “money comes easily to me”, those beliefs will become your reality as well. And what do you think will happen to your coaching business if you believe those things to be true?
You guessed it — you’ll be successful in your business and probably make a lot of money.
See how powerful your beliefs about money can be? If you want to change the amount of money you’re making in your coaching business, you have to start with changing your beliefs about money.
Common Negative Financial Beliefs You Might Be Suffering From
Chances are, if you’re struggling to make money in your coaching business, you have some negative beliefs about money that are holding you back. Here are some of the most common that we’ve come across (in ourselves and in our clients):
- “Money is scarce.”
- “I don’t deserve to make a lot of money.”
- “Making money is hard work.”
- “You have to sacrifice a lot to make money.”
- “I’m not good enough to make a lot of money.”
If any of those sound familiar, don’t worry — you’re not alone. A lot of coaches have these same beliefs, and it’s no wonder why they’re struggling to make money.
But here’s the good news: once you become aware of your limiting beliefs about money, you can start to change them.
How To Overcome Your Limiting Beliefs About Money and Start Making That Moolah
If you want to start making more money in your coaching business, you have to change your limiting beliefs about money. Here’s how:
Become aware of your thoughts and feelings about money.
Start noticing when you have negative thoughts about money and write them down. Then, start to notice how those thoughts make you feel. Do they make you feel scared, anxious, or unworthy?
Challenge your limiting beliefs.
Once you’ve become aware of your negative thoughts and feelings about money, it’s time to start challenging those beliefs. Are they really true? Where did they come from? What evidence do you have to support them?
Start practicing more positive beliefs about money.
Now that you’ve challenged your limiting beliefs, it’s time to start practicing more positive beliefs about money. Start by Affirming yourself with statements like “I am worthy of making a lot of money” or “Making money is easy for me.”
Take action from a place of abundance.
Finally, it’s time to take action from a place of abundance. If you want to make more money, start taking actions that will lead you to your goal. And don’t forget to enjoy the journey! Making money should be fun, not hard work.
So there you have it — how to overcome your limiting beliefs about money and start making that moolah. If you’re ready to start making more money in your coaching business, follow these steps and watch your bank account grow.
Change Your Mindset
The Abundance Journal for Coaches
Ready to change your money story and tap into abundance thinking so you can step into your true purpose as a coach, release your fear of failure, and reach the people that truly need you?
Our in-depth Abundance Journal holds your hand through letting go of your limited money mindset so you can attract eager clients and start being, doing, and having the coaching practice that you truly desire.
Our in-depth journal holds your hand through letting go of your limited money mindset so you can attract eager clients and start being, doing, and having the coaching practice that you truly desire.
Final Thoughts – Working Out Your Limiting Beliefs About Money
Hopefully, we’ve uncovered whatever limiting beliefs about money you might have, and you’ve got a good start on beginning the process of working through them.
Cleaning up your money thoughts is definitely important work for any coach because as you well know, those subconscious thoughts can be destructive in your day-to-day business life. How will you ever make the kind of money you dream of if you secretly believe money is evil?
We’d love to hear about the limiting money beliefs you’ve discovered; share them in the comments to help your fellow coaches get clarity for themselves, as well!
PS – If you’re struggling with any of this (which is completely normal), we highly recommend our Abundance Journal for Coaches — it will help you get to the root of your limiting beliefs and start making money in your coaching business. Trust us, it’s worth the investment!