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It is just like a car’s cruise control that is set at a certain speed and no matter how much you depress the accelerator it maintains that speed.
Our money cruise control is set to a certain income figure that, once you reach it, will be difficult to go over.
While there can be many reasons affecting the setting of your cruise control – one of the main reasons is your family’s money legacy (the lessons we learned from our parents through listening and observing how they managed money).
Your family’s money legacy and our beliefs and habits have a huge influence on the amount of money we generate in our business.
Some of the more common beliefs around money that have kept people’s money cruise control stuck on a low figure include the following beliefs:
“I will have to work hard to earn a decent living” or “I have to sacrifice everything if I want to be rich” and “I will never be wealthy – I just don’t have the talent”.
Others include “If I earn more money, it will change who I am” and “The only way I am going to make more money is by becoming greedy and uncaring”.
Are these beliefs similar to what you heard when you grew up?
Thankfully there is a simple, yet powerful way that you can increase the amount of money your money cruise control is set to, so you can finally reach your money goals.
This is something I take all my clients through during our money habitudes coaching programme to help them break through their money barriers and see a steady increase in their income.
Here’s a brief overview of the process:
Step 1: Have a look at your sales figures over the last 12 months and determine the average figure of your five best months. Alternatively you can calculate the average out your five largest clients. What is your figure? Interesting, yes?
Step 2: What is the new figure you would like to set your cruise control to?
Before choosing your figure there are a few things you need to keep in mind.
It is important to choose a figure that is going to stretch you. However, the figure shouldn’t be so high that it seems unrealistic and impossible for you to achieve.
Step 3: Now that you have written down your new figure – what are three steps that you will commit to taking over the next few days/weeks that will help you achieve the new figure on your money cruise control?
Here is to re-setting your money cruise control so you can finally increase your income.
Nyaradzo Mavindidze, a motivational speaker, is the Managing Consultant at Avodah Consultants, which specialises in soft skills training and coaching. For feedback, email [email protected]
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