Increase Income – How Much Money are You Programmed to Earn?
You may not have thought about this before, but the truth is you are programmed to earn a certain amount of money. And, you won’t earn more unless you consciously break through this money barrier.
Many influences have made us this way, the main influences being our family, and society. Most of these influences are born out holding a traditional JOB, and what a person will earn doing a particular job.
The problem is this mindset doesn’t take into consideration the opportunities and rewards that are present for entrepreneurs. The result is many entrepreneurs, subconsciously, are programmed to earn a certain amount of money, and have a hard time rising above this amount.
For example, say you had a job, and the most you ever earned working at this job was $60,000. Once you hit an income level of $60,000 in your own business, most likely you magically become stuck, and can’t seem to get your income to rise higher. This phenomenon occurs because $60,000 is your comfort level, and what you are programmed to earn from previous experience.
It’s important to adopt the mindset of an entrepreneur who is seeking opportunity by investing in a business and planning to create additional income for the risks by being in business. The reason an entrepreneur does this is to create wealth. Otherwise, why be an entrepreneur to earn the same amount of income as when you had a job? The risks aren’t worth it.
So, it’s up to you to consciously reprogram you subconscious, and adopt a mindset to earn more money and become wealthy, which is your birthright by taking the risks of being an entrepreneur.
Following are 3 powerful tips for creating a money mindset to break through into your next level of money and income potential:
Tip #1: Hang around people who make more money than you do
We tend to be like the people we hang around with, so make it a point to spend time with people who are successful, and reaping financial rewards. By spending time with successful people and achievers, you will learn their attitudes and behaviors that contribute to their success, and adopt them for yourself. Pay attention to what they think, read, what organizations they belong to, be introduced to individuals in their network, discuss money with them, learn how they do business, and even consider joining a high-level mastermind group. Get used to hearing “big money numbers” talked about, and you’ll find you’ll become more comfortable with these larger numbers. If you hang around people who cry the financial blues all the time, their influence will only bring you down, and not help you rise. So, think about the type of person you want to connect with, and where you can find them.
Tip #2: Play with larger dollar amounts
What I mean by this is practice saying aloud the dollar amount of the income you want to earn in your business. To start, say aloud the dollar amount you are earning now. How do you feel about this number? Does it make you feel excited, or doesn’t it have any effect on you? Now, double the amount you are earning now. How does this number make you feel? If it has no effect on you, double that number and say it aloud. Keep practicing and playing with saying money amounts aloud until you reach a point where you begin to feel a bit excited, and maybe even uncomfortable with the dollar amount; this is a stretch income level you want to strive to achieve. Any discomfort you feel signals you’ve reached a dollar amount that is outside your comfort zone, and you’re probably pre-programmed to earn an income less than this amount. Your income level will stay stuck here unless you consciously break through this money glass ceiling. So, become aware of this amount, and challenge it frequently, say every 90 days, to keep upward pressure on your income amount.
Tip #3: Break limiting money beliefs
We are a product of our parents, and most likely have inherited their money beliefs—both supporting and limiting. In my work as a coach, I have been surprised at the number of people I’ve worked with who’ve expressed to me feelings that earning more money means they will become greedy, are a “bad person,” or are not worthy of earning more money. Some people have told me they just “want to earn enough to get by.” This is very sad, because their parents didn’t realize they were establishing a money legacy that was limiting their family’s future financial success. Give yourself permission to earn money, create wealth, and be financially successful. Know that by earning more money, this gives you the power to care for yourself, your family, clients, community, and an ever-expanding circle of people who are influenced by your gifts and power. Making more money is easy if you consciously adopt a belief that you are capable, and worthy. The only amount of money you’re limited to making is the amount you decide upon yourself. Follow my money tips, and you’ll find your self-worth and net worth increase!
Watch for details about a workshop I’m leading to help you raise your fees up to 40% AND how to convert 80% of prospects into clients, watch for details soon!
Excellent post Bonita!
I know how powerful Internet marketing is when it comes to writing your own paycheck. Even with that knowledge I was really foolish because I thought that income levels (even if you’re doing IM) will still depend on what country you live in. I live here in the Philippines and it would be crazy when I’m earning $10,000 per month. hahaha! I know this is possible but previously I thought that I cannot achieve this amount because of where I live.
I learned some really awesome tips from your post and this will surely help me with my mindset. My long term goal for the next couple of years is to reach $5,000 per month. Thank you for writing this awesome post!
Hi Raymond, thanks for the comment! I am delighted you loved the post. It is true we can earn what we set our hearts to earning…we just have to allow ourselves to do just that…and leap over the barriers holding us back.