Are You on the Road to Financial Freedom? (Or Still in the Parking Lot?)

Comments 0 by in Articles
May 29, 2014
Are You on the Road to Financial Freedom? (Or Still in the Parking Lot?)

Most of us begin our journey as business owners inspired by the possibilities… perhaps even by a 6 or 7 figure income. We crave financial freedom and prosperity. We’re inspired by the vision of what our lives might look like when we reach our goal.

So how are you doing with your goal of financial freedom now that you’re on your way? Hopefully you’re not still in the parking lot, but which of the following best describes you…

          • meandering down a country road;
          • zooming round and round the racetrack, but getting nowhere fast;
          • or cruising on the open highway with the top down toward your specified destination, stopping here or there as you choose?

The fact is that the people getting the status quo, lack-luster results are using up the same amount of gas (or working just as hard) as the ones with extraordinary results. What’s the difference? Success comes from believing that you are in control and making good choices as to how you fuel your engine – your mindset.

What can you do to ensure you get extraordinary results? It begins by claiming your destiny, “My destination is a 7-figure income that gives me the financial freedom to live the life I want to live.”

If you haven’t reached your destination yet, the good news is there are ways to shift yourself into a more prosperous mindset and actions that will ensure profitable results. Many of these mindset changes stem from recognizing your emotional response to situations and then choosing how you’ll handle these purposefully, instead of letting them take over and control you.

The first step is to identify your emotional triggers. Just as a family planning a road trip consults a map to see where they do or do not want to go, business owners can decide what they will or will not allow into their lives. By honestly reflecting on your emotional road map, you can see what serves you best in getting you to your destination. Here are some areas to consider:

What makes you fearful? Fear is a powerful and natural response. Sometimes our fears are well founded because our senses are telling us we’re in a dangerous position. But many times it’s an illogical fear fueled by our imagination. The difference between stepping up to creating a life of financial freedom or staying stuck is how you choose to handle fear. Ask yourself, “Will I make the situation worse or better if I give into my fear?”

What pushes your buttons? Besides fear, we deal with many other emotions – feeling unworthy, being uncomfortable with confrontation, impatience, and so on. Once you identify your emotions responses, you can decide if they’re serving you or hindering your business growth. Then you can create a strategy for getting back in control.

How do you handle stress? It’s so important to have boundaries that you can fall back on when you’re stretched to your physical, emotional and spiritual limits. At these times your passion for your business will fuel you so you can step out in faith and trust as you make strategic decisions. In fact, it’s exhilarating to find out that you have hidden reserves of strength.

What are your money triggers? So much time and energy is wasted on the money drama. Most entrepreneurs play small and act timid, and they get small, timid results. I encourage you to think big and cultivate a large vision of possibility and potential. As the business owner it’s your vision, your passion, your expertise that’s the driving force behind your business success. An investment in yourself is an investment in your future. You need a healthy balance in your life so that you become a sustainable asset – not just a shooting star about to burn out and crash.

The second step is to create a strategy to turn it around. Identifying the trigger is only half of the battle. We must take the next step of creating a strategy for turning it to our advantage. For example, if you have trouble saying “no”, make your boundaries very clearly known early on, so when these boundaries are later challenged, you can take a breath and calmly state what you will or will not do.

Let’s take another example, if there’s a deadline, and you’re prone to micromanaging, consciously reach out to your team to step it up a notch rather than pulling the entire burden back on yourself. When you know the pattern of a + b = you do something you wish you hadn’t, you can break the chain by making sure “a” doesn’t meet “b”.

Let’s face it, until you give yourself time to think things through and decide to change directions you’re never going to arrive at a different destination. Unless you press down on the accelerator you’re never going to travel in the fast lane. To be a successful entrepreneur you have to overcome any reluctance and take the leap.

Predictable Results™ Assignment

Which of these triggers is getting in the way of your growth and success? I encourage you to choose only one and then follow the two-part solution: Identify and Turn it Around. Decide 2-3 things you can do to turn it to your advantage.

Need an objective viewpoint? Call 1-800-267-3245 for a free 30-minute consultation to see how we can help you!

As a pioneering and visionary innovator, Sarah is a certified professional image consultant and brand strategist, speaker, trainer and author. Her company, Illustra Business Coaching, provides leading-edge business building strategies for small business owners & entrepreneurs who wish to take their company to the next level.

Illustra Business Coaching
Copyright © 2014, Sarah Hathorn, AICI CIP, CPBS
This article may be reproduced only in it’s entirety, including the above bio.

You may also like:

Comment on Facebook



Leave a Reply