Let’s get real for a minute, coaches. We need to talk about the elephant in the room – money. More specifically, your relationship with money. Because here’s the hard truth: if your money mindset is out of whack, it doesn’t matter how good you are at coaching or how many marketing strategies you try. You’ll always struggle to reach the level of success you deserve.
Now, I know talking about money can feel uncomfortable. Maybe you’ve bought into the idea that “money isn’t spiritual” or “I didn’t become a coach to get rich.” But here’s the thing – money is simply a tool. A tool that, when used right, allows you to help more people, make a bigger impact, and yes, live the life you dream of.
So, let’s dive into some unconventional money mindset shifts that will not only change how you think about money but will actually 10x your income. Buckle up, because some of these might challenge everything you thought you knew about money.
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Stop Charging for Your Time
This is a big one. If you’re still thinking in terms of hourly rates or session fees, you’re limiting your income potential. Start charging for the transformation you provide, not the time you spend.
Think about it – if you help a client 10x their business, isn’t that worth far more than the hours you spent with them? Price your services based on the value you provide, not the time you invest.
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Embrace the “Hell Yeah” Price Point
When you’re setting your prices, I want you to increase them until you hit what I call the “Hell Yeah” point. This is the price that makes you think, “Hell yeah, I’d be excited to work with a client for that amount!”
If your prices don’t scare you a little, they’re too low. Remember, your enthusiasm for your work directly impacts your clients’ results. Price at a level that keeps you excited and motivated.
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See Money as a Vote for Your Mission
Stop thinking of money as something you take from clients. Start seeing it as a way for clients to vote for the change you’re creating in the world. The more money you make, the more votes you get for your mission, and the bigger impact you can have.
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Cultivate a Wealthy Peer Group
You’ve heard the saying, “You’re the average of the five people you spend the most time with.” This applies to money too. Start cultivating relationships with people who are where you want to be financially. Their mindset will rub off on you.
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Invest in Yourself Unapologetically
Stop seeing investing in yourself as an expense. It’s not. It’s the best investment you can make. Whether it’s hiring a coach, joining a high-level mastermind, or investing in your education – do it without guilt. Your future self will thank you.
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Create a “Money is My Friend” Mantra
Our subconscious beliefs about money significantly impact our earning potential. Create a positive money mantra and repeat it daily. Something like, “Money flows to me easily and abundantly” or “I am worthy of wealth and use it to make a positive impact.”
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Celebrate Every Dollar
Gratitude is a powerful attractor of abundance. Start celebrating every dollar that comes into your life, no matter how small. This creates a positive association with money and signals to your subconscious that you’re ready for more.
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Reframe “Expensive”
When you catch yourself thinking something is “expensive,” reframe it. Instead, ask yourself, “How can I create the money for this?” This shifts you from a scarcity mindset to a possibility mindset.
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Heal Your Money Wounds
We all have money wounds – negative experiences or beliefs about money that hold us back. Maybe you grew up hearing “money is the root of all evil” or “rich people are greedy.” It’s time to identify and heal these wounds.
Journal about your early money memories. Identify negative beliefs and consciously choose new, empowering beliefs to replace them.
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See Wealth as a Responsibility
Instead of fearing wealth, start seeing it as a responsibility. The more money you have, the more good you can do in the world. This shift can be incredibly motivating and help you push past your money blocks.
Now, let me share a quick story about one of my clients, let’s call her Emma. Emma was a talented health coach, but she was struggling to break the $5k/month mark. When we dug deep, we discovered that Emma had a subconscious belief that “wealthy people are unhealthy and unhappy.”
This belief was sabotaging her efforts to grow her income. After all, how could she ethically sell health coaching if she believed it was incompatible with wealth?
We worked together to shift this belief. Emma started consciously looking for examples of people who were both wealthy and healthy. She created a new empowering belief: “My wealth is a reflection of the health and happiness I bring to others.”
The results were dramatic. Within six months, Emma had 10x’d her income. She was working with high-end clients who were fully committed to their health journey. And the best part? She felt completely aligned with her new level of wealth because she knew it reflected the positive impact she was having.
Here’s the bottom line: Your money mindset isn’t just about money. It’s about your self-worth, your vision for your impact in the world, and your ability to serve your clients at the highest level. When you shift your money mindset, you’re not just changing your bank balance – you’re changing your entire life and business.
Think about it this way: every time you undercharge or hesitate to invest in yourself, you’re not just shortchanging yourself. You’re shortchanging your clients and the world. Because the more resources you have, the bigger impact you can make.
So, let’s make a pact right now. Let’s commit to:
- Valuing ourselves and our services appropriately
- Seeing money as a tool for positive change
- Investing in our growth without guilt
- Celebrating every financial win, big or small
- Continuously working on our money mindset
Remember, your financial success is not separate from your success as a coach. They’re intrinsically linked. When you’re financially thriving, you have more energy, more resources, and more capacity to serve your clients at the highest level.
And here’s a little secret: your clients want you to be successful. They want to work with a coach who is thriving, not just surviving. Your success inspires them and shows them what’s possible.
So, are you ready to crack the coaching money mindset? To step into a new level of financial abundance and impact? If you’re nodding your head but feeling a bit overwhelmed about where to start, don’t worry. I’ve got your back.
Here’s your first step: Take out a journal and write down all your beliefs about money. The good, the bad, the ugly – get it all out on paper. Then, look at each belief and ask yourself: “Is this serving me? Is this helping me make the impact I want to make in the world?” If the answer is no, it’s time to choose a new belief.
And if you want support in this journey of transforming your money mindset, I’m here for you. Head over to www.callwithlisa.com and let’s create a personalized strategy to shift your money mindset and skyrocket your coaching income.
Remember, you deserve to be well-compensated for the transformative work you do. It’s time to align your income with your impact. The world needs coaches who are not just spiritually rich, but financially abundant too. Are you ready to be one of them?
Your journey to financial abundance starts now. Let’s make it happen!
